Goldman Sachs Sticks to Their Hold Rating for Coles Group Ltd. (CLEGF)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 25 2025
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Source: Business Insider
Analyst Rating and Performance: Lisa Deng from Goldman Sachs has maintained a Hold rating on Coles Group Ltd. with a price target of A$19.00, while the company's shares closed at $11.20. Deng has an average return of -2.9% and a 41.98% success rate in her analyses.
Financial Performance: Coles Group reported a quarterly revenue of $23.11 billion and a net profit of $576 million for the quarter ending January 5, showing a slight increase in revenue compared to the previous year but a decrease in net profit.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
