Pick N Pay Stores Ltd traded at 2,296.00 this Friday February 6th, decreasing 27.00 or 1.16 percent since the previous trading session. Looking back, over the last four weeks, Pick N Pay Stores lost 7.42 percent. Over the last 12 months, its price fell by 23.82 percent. Looking ahead, we forecast Pick N Pay Stores Ltd to be priced at 2,347.07 by the end of this quarter and at 2,176.07 in one year, according to Trading Economics global macro models projections and analysts expectations.
Pick n Pay Stores Limited, through its subsidiaries and associates, operates in the retail sector in South Africa and and the rest of the African continent. The Company operates through two segments: South Africa and Rest of Africa. Its South Africa segment operates in various formats under the Pick n Pay and Boxer brands in South Africa. Its Rest of Africa segment is responsible for the Company's expansion into the rest of Africa. It focuses on food, non-edible groceries, clothing, liquor, tobacco, health and beauty products, pharmaceuticals and general merchandise. It also offers services, such as third-party bill payments, financial transactions at till points (including mobile money), ticketing services, air time sales and the sale of gift cards. It operates on both an owned and franchise basis and has approximately 1,410 stores across all formats, including its investment in TM Supermarkets in Zimbabwe. It operates in South Africa, Namibia, Swaziland and Lesotho, among others.