Company Information
About Wesfarmers Limited (ASX: WES)
Wesfarmers Limited is an Australian conglomerate with interests in various businesses including home improvement, outdoor living, building materials, general merchandise, apparel, chemicals, energy, fertilizers, and industrial and safety products. The company operates through several segments:
1. Bunnings Group, which sells building materials as well as home and garden products.
2. Kmart Group, a retailer of clothing, general merchandise, toys, leisure items, entertainment goods, home goods, and consumables.
3. Officeworks provides office products and solutions to households, businesses, and educational institutions.
4. Wesfarmers Chemicals, Energy and Fertilisers (WesCEF) produces and markets chemicals for various industries including mining and processes minerals; it also manufactures fertilizers for agriculture.
5. There are other segments as well, including Health and Catch.
The company has a significant workforce, with around 120,000 employees, and has been incorporated since 1981. Wesfarmers has experienced revenue growth of 18.22% year-on-year, with the latest total revenue reported at AUD 43.67 billion and net income at AUD 2.51 billion.
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Wesfarmers Limited (ASX: WES) Live Chart
Wesfarmers Limited (ASX: WES) Forecast
Nine Wall Street analysts have provided their 12-month price forecasts for Wesfarmers Limited. On average, they expect the company’s share price to reach AU$57.45. The highest price target given is AU$68.64, while the lowest is AU$42.90. This average target suggests that analysts believe the stock could decrease by 16.35% from its last closing price of AU$68.68.
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