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Wesfarmers Limited ( (AU:WES) ) just unveiled an update.
Wesfarmers Limited has announced a proposal involving the internalization of management functions of BWP Trust, restructuring of Bunnings leases, and commitments to capital expenditure for store expansion and network upgrades. This proposed transaction requires approval from investors and aims to impact the company’s operations and stakeholder interests, with a focus on enhancing the BWP property portfolio’s value and efficiency.
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
Average Trading Volume: 1,447,840
Technical Sentiment Signal: Buy
Current Market Cap: A$95.47B
For a thorough assessment of WES stock, go to TipRanks’ Stock Analysis page.