Woolworths Group (OTCMKTS:WOLWF) Shares Down 8% – Here’s What Happened

Posted by Francis Steltz on Oct 7th, 2026

Woolworths Group Limited (OTCMKTS:WOLWF – Get Free Report) shares dropped 8% during mid-day trading on Tuesday. The stock traded as low as $25.5875 and last traded at $25.5875. 188 shares were traded during mid-day trading, a decline of 56% from the average daily volume of 429 shares. The stock had previously closed at $27.80.

Analysts Set New Price Targets

A number of brokerages have weighed in on WOLWF. The Goldman Sachs Group downgraded shares of Woolworths Group from a “buy” rating to a “neutral” rating in a research report on Monday, July 27th. Citigroup lowered Woolworths Group to a “sell” rating in a research note on Wednesday, July 15th. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Woolworths Group currently has a consensus rating of “Reduce” and an average target price of $37.00.

Check Out Our Latest Research Report on WOLWF

Woolworths Group Price Performance

The company’s 50 day moving average price is $29.29 and its two-hundred day moving average price is $27.33.

About Woolworths Group

(Get Free Report)

Woolworths Group Limited is an Australia-based retail company whose principal operations are food and everyday-needs retailing in Australia and New Zealand. Its Australian Food division operates Woolworths Supermarkets and Woolworths Metro convenience stores, offering groceries, fresh food, household products and related services through physical stores and online channels.

In New Zealand, the company operates Woolworths New Zealand, which provides supermarket products and services nationwide.