Shoprite Holdings traded at 29,490.00 this Friday June 12th, increasing 134.00 or 0.46 percent since the previous trading session. Looking back, over the last four weeks, Shoprite Holdings gained 3.39 percent. Over the last 12 months, its price rose by 9.04 percent. Looking ahead, we forecast Shoprite Holdings to be priced at 28,590.56 by the end of this quarter and at 26,053.50 in one year, according to Trading Economics global macro models projections and analysts expectations.
Shoprite Holdings Limited is an investment holding company. The Company is a food retailer and wholesaler. It operates in the Republic of South Africa (RSA). It operates through four segments: Supermarkets RSA, Supermarkets Non-RSA, Furniture and Other operating segments. The Supermarkets RSA segment includes retail operations under the Shoprite, Checkers, Checkers Hyper and Usave brands in South Africa, retailing products, such as food, clothing, general merchandise, cosmetics and liquor. The Supermarkets Non-RSA segment includes its retail operations under the Shoprite, Checkers, Checkers Hyper, Usave and certain Hungry Lion brands outside of South Africa. The Furniture segment includes its retail operations under the OK Furniture, OK Power Express and House & Home brands retailing products, such as furniture, household appliances and home entertainment systems. Other operating segments include trading in franchise operations, and retail and wholesale of pharmaceutical products.