ASX:COLConsumer Retailing
A Look At Coles Group’s Valuation As Goldman Sachs Starts Coverage With A Neutral Rating
Coverage initiation puts Coles Group (ASX:COL) in focus
Goldman Sachs has initiated coverage on Coles Group (ASX:COL) with a Neutral rating, citing regulatory risks from federal court proceedings on discounting practices and highlighting margin pressure from higher wage costs and increased scrutiny.
See our latest analysis for Coles Group.
Coles Group’s 1 year total shareholder return of 12.61% and 3 year total shareholder return of 33.89% sit against weaker recent momentum, with a 90 day...