Migdal sold Shufersal shares: target for Shufersal stock is ILS 51.00

Published on 10/08/2026 at 13:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half net profit fell 13.80 percent to ILS 299 million. Shufersal stock had one analyst and revenue fell 2.00 percent to ILS 7.1 billion.

Shufersal, IL0007770378, Illustration mit AI erstellt.

Migdal Insurance sold Shufersal shares worth ILS 125 million between June and September, taking its holding below 5 percent on September 25, 2026, according to Baba. A September 23, 2026 consensus page listed one analyst and an average target of ILS 51.00 for Shufersal stock, according to MarketScreener.

Profit decline sharpens the signal

The share sale followed Shufersal's first-half results. Net profit fell 13.80 percent to ILS 299 million, while revenue declined 2.00 percent to ILS 7.1 billion, figures reported by Baba for the first half of 2026. Same-store sales fell 2.70 percent and operating profitability narrowed to 6.30 percent in the same period, keeping the earnings comparison negative even as the company remained profitable.

The contrast is material for investors: Migdal sold at an average ILS 38.00 per share, while the report placed Shufersal's market price ILS 1.70 below that level on September 25, 2026. The transaction also reduced Migdal's status as a significant shareholder, adding ownership pressure to the weaker operating figures.

One target points to ILS 51

The MarketScreener consensus showed one analyst rating Shufersal a Buy and an average target of ILS 51.00. Its listed last close was ILS 36.51 on September 23, 2026, implying a target 39.69 percent above that reference price. The limited analyst count makes the target a narrow market signal rather than a broad consensus measure.

Shufersal operates supermarkets and convenience stores in Israel, according to Yahoo Finance. MarketScreener identifies its industry as food retail and distribution, while the company's first-half figures show that revenue and profitability moved in opposite directions from the stronger operating picture investors had previously expected.

Stock remains below its yearly high

Shufersal was last at ILA 3,516.00 on the Tel Aviv Stock Exchange on October 8, 2026 at 12:50 p.m. CEST. The quote stood 30.79 percent below the 52-week high of ILA 5,080.00 and 0.69 percent above the 52-week low of ILA 3,492.00. Market capitalization was ILA 9.4 billion as of October 8, 2026.