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Woodside Energy Group (WDS) Receives a Sell from Ord Minnett

Tipranks - Tipranks - Mon Jun 15, 8:44PM CDT

In a report released today, from Ord Minnett maintained a Sell rating on Woodside Energy Group, with a price target of A$24.75.

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Currently, the analyst consensus on Woodside Energy Group is a Hold with an average price target of A$31.88.

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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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