Wesfarmers traded at 77.56 this Wednesday May 27th, increasing 1.08 or 1.41 percent since the previous trading session. Looking back, over the last four weeks, Wesfarmers gained 7.26 percent. Over the last 12 months, its price fell by 6.33 percent. Looking ahead, we forecast Wesfarmers to be priced at 73.27 by the end of this quarter and at 69.19 in one year, according to Trading Economics global macro models projections and analysts expectations.
Wesfarmers Limited is an Australia-based company engaged in various business operations, such as home improvement and outdoor living, apparel and general merchandise, office supplies, and an industrial division with businesses in chemicals, energy and fertilizers, and industrial and safety products. The Company's segments include Bunnings; Kmart Group; Officeworks; Chemicals, Energy and Fertilisers (WesCEF); Industrial and Safety (WIS), and Other. The Bunnings segment offers building material and home and garden improvement products and servicing project builders and the housing industry. The Kmart Group segment offers apparel and general merchandise, including toys, leisure, entertainment, home and consumables. Its Officeworks segment offers office products and solutions for home, small-to-medium sized businesses, and education. Its WesCEF segment is engaged in manufacturing and marketing of chemicals for industry, mining, mineral processing, horticultural fertilizers and others.