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Morgans Sticks to Their Buy Rating for Woodside Energy Group (WDS)

Tipranks - Tipranks - Wed Feb 25, 5:40PM CST

Morgans analyst Adrian Prendergast maintained a Buy rating on Woodside Energy Group today and set a price target of A$30.50.

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Prendergast covers the Energy sector, focusing on stocks such as Santos Limited, Comet Ridge Ltd, and Beach Energy . According to TipRanks, Prendergast has an average return of 17.8% and a 58.57% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Woodside Energy Group with a A$26.03 average price target.

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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

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