Is Target owned by Wesfarmers?

Written by Editorial Team | Last Updated: August 2026

Target Corporation is not owned by Wesfarmers, as it operates as an independent, publicly traded American retail enterprise listed on the New York Stock Exchange. While the Australian conglomerate Wesfarmers previously operated an unrelated retail chain under the brand name Target Australia, it shares no corporate ownership or operational connection with the American Target Corporation.

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Wesfarmers Limited operates a highly diversified conglomerate model across retail, industrial, and chemical sectors in Australia, exposing investors to broad macroeconomic and retail cycle risks.

Wesfarmers remains fundamentally an Australian-owned and publicly listed corporation headquartered in Perth, Western Australia.

Consensus analyst ratings for Wesfarmers Limited (ASX: WES) generally skew toward a cautious hold or sell recommendation, depending on the specific broker and valuation model applied.

Evaluating the ethical standing of Wesfarmers involves looking at its comprehensive corporate social responsibility initiatives, environmental policies, and governance structures.

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WES ASX refers to Wesfarmers Limited, trading under the ticker symbol WES on the Australian Securities Exchange, recognized widely as one of Australia's largest and most diversified corporate conglomerates.

Deciding whether to sell your Wesfarmers Limited shares requires examining the diversified conglomerate's retail strength, industrial divisions, and historical ability to navigate consumer spending shifts.

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