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Wesfarmers Limited (WFAFF) Gets a Buy Rating from Jarden

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According to TipRanks.com, Gilbert is a 1-star analyst with an average return of -8.0% and a 42.1% success rate. Gilbert covers the Consumer Goods sector, focusing on stocks such as Treasury Wine Estates Limited, Temple & Webster Group Ltd, and Metcash Limited.

The word on The Street in general, suggests a Hold analyst consensus rating for Wesfarmers Limited with a $36.11 average price target.

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Based on Wesfarmers Limited’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $0. In comparison, last year the company had a net profit of $0.

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Wesfarmers Ltd. provides fresh food, groceries, general merchandise, liquor, fuel and financial services. It engages in the operation of supermarkets; department stores; home improvement and office supplies; coal production and export; chemicals, energy and fertilizers; industrial and safety products. It operates through the following segments: Retail, Industrial and Other. The Retail segment engages in supermarket, liquor retailer including a hotel portfolio; retail of fuel and operation of convenience stores; retailer of building material and home and garden improvement products; and retailer & supplier of office products and solutions for home, small-to-medium size businesses and education. The Industrial segment engages in coal mining and development; supplier and distributor of maintenance, repair and operating products; specialized supplier and distributor of industrial safety products and services; and manufacturer and marketing of chemicals for industry, mining and mineral processing. The Other segment includes forest products, property, investment banking, private equity investment, and corporate. The company was founded in 1914 and is headquartered in Perth, Australia.

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