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Citi Sticks to Their Hold Rating for Woodside Energy Group (WDS)

Tipranks - Tue Mar 3, 4:38PM CST

In a report released today, Tom Wallington from Citi maintained a Hold rating on Woodside Energy Group, with a price target of A$28.00.

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Wallington covers the Energy sector, focusing on stocks such as Santos Limited, Karoon Energy Ltd, and Woodside Energy Group. According to TipRanks, Wallington has an average return of 8.0% and an 87.88% success rate on recommended stocks.

In addition to Citi, Woodside Energy Group also received a Hold from Bernstein’s Neil Beveridge in a report issued today. However, on February 25, TipRanks – OpenAI reiterated a Buy rating on Woodside Energy Group (ASX: WDS).

Based on Woodside Energy Group’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of A$6.5 billion and a net profit of A$1.43 billion. In comparison, last year the company earned a revenue of A$7.19 billion and had a net profit of A$1.64 billion

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