JPMorgan Chase & Co. cut shares of Woolworths Group (OTCMKTS:WOLWF) from an overweight rating to a neutral rating in a research note published on Thursday, The Fly reports.

Separately, Citigroup lowered Woolworths Group from a neutral rating to a sell rating in a research note on Friday, May 24th.

Woolworths Group stock opened at $25.30 on Thursday. The stock’s 50 day moving average is $24.59 and its 200 day moving average is $23.04. Woolworths Group has a one year low of $19.56 and a one year high of $26.87.

About Woolworths Group

Woolworths Group Limited operates retail stores. It operates through Australian Food, New Zealand Food, Endeavour Drinks, BIG W, Hotels, and Other segments. The Australian Food segment engages in the procurement and resale of food products to customers in Australia. It operates 1,008 Woolworths supermarkets and Metro stores.

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