Macquarie Reaffirms Their Buy Rating on Coles Group Ltd. (CLEGF)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 17 2025
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Source: Business Insider
Analyst Ratings: Caleb Wheatley from Macquarie maintains a Buy rating on Coles Group Ltd. with a price target of A$22.00, while the analyst consensus suggests a Moderate Buy with a target of $13.17, indicating a potential upside of 17.59%.
Market Performance: Coles Group Ltd. has a market cap of $15.87B and a P/E ratio of 20.52, with recent upgrades in ratings from Morgan Stanley and RBC Capital.
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.
