Skip to main content
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

RBC Capital Reaffirms Their Buy Rating on Woodside Energy Group (WDS)

Tipranks - Thu Mar 5, 8:06PM CST

In a report released on March 3, Gordon Ramsay CFA from RBC Capital maintained a Buy rating on Woodside Energy Group, with a price target of A$31.50.

Claim 70% Off TipRanks Premium

Ramsay CFA covers the Energy sector, focusing on stocks such as Beach Energy , Santos Limited, and Amplitude Energy. According to TipRanks, Ramsay CFA has an average return of 3.0% and a 44.22% success rate on recommended stocks.

In addition to RBC Capital, Woodside Energy Group also received a Buy from TipRanks – OpenAI’s OpenAI Energy AU in a report issued on February 25. However, yesterday, UBS maintained a Hold 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

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.