J.P. Morgan Sticks to Its Hold Rating for Woodside Energy Group (WDS)
J.P. Morgan analyst Nick Morgan CFA maintained a Hold rating on Woodside Energy Group on January 29 and set a price target of A$22.50. The company’s shares closed today at A$25.16.
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According to TipRanks, Morgan CFA is ranked #4892 out of 11984 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Woodside Energy Group with a A$25.67 average price target, representing a 2.03% upside. In a report released on January 29, Morgan Stanley also maintained a Hold rating on the stock with a A$26.00 price target.
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
Read More on AU:WDS:
Disclaimer & DisclosureReport an Issue
- Balancing Record Output with Weaker Outlook and LNG Price Risks: Maintaining Hold on Woodside
- Woodside Delivers Record Output as Flagship LNG and Ammonia Projects Advance
- 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
