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The latest update is out from Wesfarmers Limited ( (AU:WES) ).
Wesfarmers Limited has completed the sale of its subsidiary, Coregas, to Nippon Sanso Holdings Corporation for $770 million. This transaction is expected to result in a pre-tax profit of approximately $230 million to $260 million for Wesfarmers, which will be reflected in their 2025 financial year results, potentially impacting the company’s financial performance and market positioning positively.
The most recent analyst rating on (AU:WES) stock is a Hold with a A$69.00 price target. To see the full list of analyst forecasts on Wesfarmers Limited stock, see the AU:WES Stock Forecast page.
More about Wesfarmers Limited
Wesfarmers Limited is a diversified corporation operating in various sectors including retail, chemicals, energy, and fertilizers. The company is known for its wide range of products and services, catering to both consumer and industrial markets.
Average Trading Volume: 1,448,817
Technical Sentiment Signal: Buy
Current Market Cap: A$95.47B
Find detailed analytics on WES stock on TipRanks’ Stock Analysis page.