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RBC Capital Remains a Buy on Woodside Energy Group (WDS)

Tipranks - Tipranks - Thu Feb 26, 4:04AM CST

In a report released yesterday, Gordon Ramsay CFA from RBC Capital maintained a Buy rating on Woodside Energy Group, with a price target of A$31.50. The company’s shares closed today at A$27.75.

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According to TipRanks, Ramsay CFA is a 3-star analyst with an average return of 2.4% and a 45.41% success rate. Ramsay CFA covers the Energy sector, focusing on stocks such as Beach Energy , Santos Limited, and Amplitude Energy.

In addition to RBC Capital, Woodside Energy Group also received a Buy from Morgans’s Adrian Prendergast in a report issued yesterday. However, today, Citi maintained a Hold rating on Woodside Energy Group (ASX: WDS).

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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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