RBC Capital initiated coverage of Coles Group (CLEGF) with an Outperform rating and A$22 price target the company is well positioned to take market share and drive cost-out given its scale and broad supplier network, the analyst tells investors in a research note.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CLEGF:
- Coles Group Ltd. (CLEGF) Unveils Dividend Details for Q1: Mark Your Calendar!
- Coles Group Ltd. Reports Mixed Half-Year Financial Results
- Leadership Transition at Coles Group: Peter Allen to Succeed James Graham as Chairman
- Coles Group Ltd. Unveils 2025 Half Year Results and Community Initiatives
- Coles Group Reports Strong Half-Year Results with Strategic Growth Initiatives