RBC Capital Keeps Their Buy Rating on Woodside Energy Group (WDS)
RBC Capital analyst Gordon Ramsay CFA maintained a Buy rating on Woodside Energy Group on January 13 and set a price target of A$31.50.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
According to TipRanks, Ramsay CFA is a 3-star analyst with an average return of 1.6% and a 42.55% success rate. Ramsay CFA covers the Energy sector, focusing on stocks such as Beach Energy , Amplitude Energy, and Ampol Limited.
Currently, the analyst consensus on Woodside Energy Group is a Moderate Buy with an average price target of A$26.54.
Based on Woodside Energy Group’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of A$6.59 billion and a net profit of A$1.32 billion. In comparison, last year the company earned a revenue of A$5.99 billion and had a net profit of A$1.94 billion
Based on the recent corporate insider activity of 19 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of WDS in relation to earlier this year.
Read More on AU:WDS:
Disclaimer & DisclosureReport an Issue
- Woodside Energy Adjusts Capital Structure as Equity Rights Lapse
- Woodside Energy Issues 2.37 Million Shares on Conversion of Unquoted Securities
- Woodside Energy to Issue 5.5 Million Unquoted Rights Under Employee Incentive Scheme
- Woodside Discloses Final Director Interest as Meg O’Neill Leaves Board
- BP names Meg O’Neill as CEO, effective April 1, succeeding Murray Auchincloss
