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Morgans Remains a Hold on Woodside Energy Group (WDS)

Tipranks - Tipranks - Wed Jul 29, 9:42PM CDT

In a report released today, Adrian Prendergast from Morgans maintained a Hold rating on Woodside Energy Group, with a price target of A$33.40.

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Prendergast covers the Energy sector, focusing on stocks such as Amplitude Energy, Karoon Energy Ltd, and Woodside Energy Group. According to TipRanks, Prendergast has an average return of 17.1% and a 58.30% success rate on recommended stocks.

Woodside Energy Group has an analyst consensus of Hold, with a price target consensus of A$31.23.

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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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