Shufersal Ltd traded at 3,701.00 this Wednesday September 9th, increasing 15.00 or 0.41 percent since the previous trading session. Looking back, over the last four weeks, Shufersal gained 13.39 percent. Over the last 12 months, its price fell by 9.64 percent. Looking ahead, we forecast Shufersal Ltd to be priced at 3,584.56 by the end of this quarter and at 3,259.40 in one year, according to Trading Economics global macro models projections and analysts expectations.
Shufersal Ltd is engaged in the operation of a chain of supermarkets in Israel. The Company operates through three segments, which include The retail segment, The real estate segment and Credit card customers' club management segment. The Company operates approximately 280 stores across the nation. The retail segment includes the retail marketing of food and other products in the Company's branches, and the manufacture of frozen and fresh baked products that are sold mainly in the Company's branches. The real state segment includes various types of freehold and leasehold properties, including commercial centers and other properties. The Credit card customers' club management segment includes operating the credit card activity and providing credit by means of credit cards, providing financial services, and providing intermediation and distribution services of various financial products to the credit card holders and private customers.