Wesfarmers (OTCMKTS:WFAFY) Upgraded by The Goldman Sachs Group to Buy

The Goldman Sachs Group upgraded shares of Wesfarmers (OTCMKTS:WFAFY) from a neutral rating to a buy rating in a research report report published on Thursday, The Fly reports.

Separately, Credit Suisse Group downgraded Wesfarmers from an outperform rating to a neutral rating in a research report on Friday, February 12th.

WFAFY opened at $21.22 on Thursday. The business’s fifty day moving average is $20.56 and its two-hundred day moving average is $18.21. Wesfarmers has a one year low of $15.40 and a one year high of $22.12.

About Wesfarmers

Wesfarmers Limited primarily engages in the retail business in Australia, New Zealand, the United Kingdom, and internationally. It is involved in the retail sale of building materials, and home and garden improvement products through its Bunnings stores; apparel, homewares, and general merchandise, including toys, leisure, entertainment, home, consumables, electrical products, and accessories; and office products and solutions, such as office supplies, technology, furniture, art supplies, education resources, and helpful services, including print and copy and on-site tech support through its 167 Officeworks stores.

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