Wesfarmers (WES) Stock Recommendation

Submitted by Craig Strzelecki on Sun, 22/10/2006 - 19:49.

Wesfarmers has a Reduce 1 stock recommendation and a $30.17 share price target for stock analyst and investment banker UBS. Coal production figures for Wesfarmers (WES) have been updated and Curragh production was down 11% on the 4Q06 due to a planned processing plant shutdown. UBS thinks that the key trigger point for the csock price is the upcoming 2007 negotiations.

Wesfarmers Limited is listed on the Australian Stock Exchange (ASX) under stock code WES. You can view their investor website here. Find out the meaning of the recommendations in this primer. Browse for other stockbroker recommendations. A previous Wesfarmers (WES) stock recommendation. Check your charts and good luck with your share trading!

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