Business Services Industry
Woolies hits record, powers away from Coles Myer.
Australasian Business Intelligence, March, 2006
Byline: Stephen McMahon
Mar 08, 2006 (The Age - ABIX via COMTEX) -- Woolworths has proven popular with investors during 2006, but some analysts recommend
"hold" positions rather than "buy". Of the 13 sharemarket analysts covering Woolworths, five are "buy" and eight are "hold". ABN Amro's James Casey believes Woolworths can achieve a 12-month target of $A20.30, and its performance on 8 March 2006 brought it to a record high. As Coles Myer dropped $A0.07 to $A9.84, Woolworths improved $A0.18 to $A19.14. Between January and March 2006 Woolworths has outperformed the S&P/ASX 200 index by 10 percentage points.
Publication Date: 9 March 2006
WOOLWORTHS LIMITED - ASX WOW:...
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