WESFARMERS LTD/ADR (OTCMKTS:WFAFY) was downgraded by Goldman Sachs Group from a “neutral” rating to a “sell” rating in a research note issued on Thursday, The Fly reports.
OTCMKTS WFAFY traded down $0.74 during trading on Thursday, hitting $12.50. The company had a trading volume of 4,851 shares, compared to its average volume of 29,062. WESFARMERS LTD/ADR has a one year low of $10.03 and a one year high of $19.61.
About WESFARMERS LTD/ADR
Wesfarmers Limited engages in the retail, coal mining and production, gas processing and distribution, industrial and safety product distribution, chemicals and fertilizers manufacturing, and investment businesses in Australia, New Zealand, the United Kingdom, and internationally. The company operates 809 Coles supermarkets; 899 liquor stores under the Liquorland, Vintage Cellars, and First Choice Liquor brands; 88 hotels; 711 convenience outlets; and an online supermarket.
See Also: Why do analysts give a neutral rating?
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