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Ord Minnett downgrades Woodside Energy Group (WDS) to a Sell

Tipranks - Thu Feb 26, 1:41AM CST

In a report released today, from Ord Minnett downgraded Woodside Energy Group to a Sell, with a price target of A$24.00.

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Currently, the analyst consensus on Woodside Energy Group is a Hold with an average price target of A$26.43.

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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