BUZZ-UBS hikes Price Target for Australia's Coles Group on upgraded outlook

Reuters

Mar 03, 2025

** 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))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2516547211"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2516547211\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2516547211?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-03-03 06:06","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2516547211","market":"us","top_or_hot":-1,"title":"BUZZ-UBS hikes Price Target for Australia's Coles Group on upgraded outlook","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-UBS hikes Price Target for Australia's Coles Group on upgraded outlook</title></head><body><p>** UBS hikes its Price Target for shares of supermarket chain Coles Group <span>COL.AX</span> to A$22.35 from A$19.50, retains 'Buy'</p><p>** Brokerage increases <span>2025 and 2026 </span>earnings estimates <span>after</span> <span>Coles' </span>half-yearly earnings for its supermarkets and liquor segments beat <span>expectations</span></p><p>** Co on February 27 <span>reported</span> 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</p><p>** Co's earnings helped by holiday shopping frenzy and a strike at larger rival Woolworths <span>WOW.AX</span>.</p><p>** 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</p><p>** Stock down 2% at A$19.98 as of last close</p><p> (Reporting by Nichiket Sunil in Bengaluru; Editing by Richard Chang)</p><p> ((Nichiket.Sunil@thomsonreuters.com))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BUZZ-UBS hikes Price Target for Australia's Coles Group on upgraded outlook</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBUZZ-UBS hikes Price Target for Australia's Coles Group on upgraded outlook\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-03-03 06:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-UBS hikes Price Target for Australia's Coles Group on upgraded outlook</title></head><body><p>** UBS hikes its Price Target for shares of supermarket chain Coles Group <span>COL.AX</span> to A$22.35 from A$19.50, retains 'Buy'</p><p>** Brokerage increases <span>2025 and 2026 </span>earnings estimates <span>after</span> <span>Coles' </span>half-yearly earnings for its supermarkets and liquor segments beat <span>expectations</span></p><p>** Co on February 27 <span>reported</span> 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</p><p>** Co's earnings helped by holiday shopping frenzy and a strike at larger rival Woolworths <span>WOW.AX</span>.</p><p>** 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</p><p>** Stock down 2% at A$19.98 as of last close</p><p> (Reporting by Nichiket Sunil in Bengaluru; Editing by Richard Chang)</p><p> ((Nichiket.Sunil@thomsonreuters.com))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"COL.AU","symbol_name":"COLES GROUP LTD","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250302:nL3N3PL061:1","article_id":"2516547211","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2516547211","pubTimestamp":1740953192,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-UBS hikes Price Target for Australia's Coles Group on upgraded outlook** 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 , 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  ","collect":0,"end_time":0,"defaultTopTitle":"","property":["rate"],"viewcount":null,"language":"en","relate_stocks":{"COL.AU":"COLES GROUP LTD","WOW.AU":"WOOLWORTHS GROUP LTD","SPGI":"标普全球"},"translate_title":"BUZZ-瑞银因前景升级而上调澳大利亚科尔斯集团的目标价","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"WOW.AU":0.9,"COL.AU":0.9,"SPGI":0.9},"content_text":"BUZZ-UBS hikes Price Target for Australia's Coles Group on upgraded outlook** 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))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}