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

Tipranks - Tipranks - Wed Jul 8, 7:18PM CDT

In a report released today, Tom Wallington from Citi maintained a Hold rating on Woodside Energy Group, with a price target of A$29.50.

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Wallington covers the Energy sector, focusing on stocks such as Santos Limited, Woodside Energy Group, and Beach Energy . According to TipRanks, Wallington has an average return of -4.3% and a 31.48% success rate on recommended stocks.

Currently, the analyst consensus on Woodside Energy Group is a Hold with an average price target of A$31.02.

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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

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