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Citi Sticks to Their Hold Rating for Woodside Energy Group (WDS)

Tipranks - Mon Jun 15, 6:52PM CDT

Citi analyst Tom Wallington maintained a Hold rating on Woodside Energy Group today and set a price target of A$34.00.

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According to TipRanks, Wallington is a 4-star analyst with an average return of 9.9% and a 77.55% success rate. Wallington covers the Energy sector, focusing on stocks such as Santos Limited, Woodside Energy Group, and Beach Energy .

Woodside Energy Group has an analyst consensus of Hold, with a price target consensus of A$31.84.

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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