** UBS hikes its Price Target for shares of supermarket chain Coles Group COL.AX to A$22.35 from A$19.50, retains 'Buy'
** Brokerage increases 2025 and 2026 earnings estimates after Coles' half-yearly earnings for its supermarkets and liquor segments beat expectations
** Co on February 27 reported HY net profit after tax from continuing operations of A$576 million ($363.51 million), largely in line with Visible Alpha consensus of A$574.1 million
** Co's earnings helped by holiday shopping frenzy and a strike at larger rival Woolworths WOW.AX.
** Six of 15 analysts rate the stock "buy" or higher, eight "hold" and one "sell"; their median PT is A$20.95 – according to data compiled by LSEG
** Stock down 2% at A$19.98 as of last close
(Reporting by Nichiket Sunil in Bengaluru; Editing by Richard Chang)
((Nichiket.Sunil@thomsonreuters.com))
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