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Ord Minnett Keeps Their Sell Rating on Woodside Energy Group (WDS)

Tipranks - Tipranks - Tue Apr 7, 8:50PM CDT

Ord Minnett analyst maintained a Sell rating on Woodside Energy Group today and set a price target of A$25.00.

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The word on The Street in general, suggests a Hold analyst consensus rating for Woodside Energy Group with a A$28.86 average price target.

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Based on Woodside Energy Group’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of A$6.5 billion and a net profit of A$1.43 billion. In comparison, last year the company earned a revenue of A$7.19 billion and had a net profit of A$1.64 billion

Based on the recent corporate insider activity of 18 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of WDS in relation to earlier this year.

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