Macquarie Reaffirms Their Hold Rating on Woodside Energy Group (WDS)
Macquarie analyst maintained a Hold rating on Woodside Energy Group yesterday and set a price target of A$25.00.
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In addition to Macquarie, Woodside Energy Group also received a Hold from J.P. Morgan’s Nick Morgan CFA in a report issued on January 29. However, on February 2, Morgans maintained a Buy rating on Woodside Energy Group (ASX: WDS).
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
Read More on AU:WDS:
Disclaimer & DisclosureReport an Issue
- Balancing Record Output with Weaker Outlook and LNG Price Risks: Maintaining Hold on Woodside
- Woodside Delivers Record Output as Flagship LNG and Ammonia Projects Advance
- Woodside Energy Adjusts Capital Structure as Equity Rights Lapse
- Woodside Energy Issues 2.37 Million Shares on Conversion of Unquoted Securities
- Woodside Energy to Issue 5.5 Million Unquoted Rights Under Employee Incentive Scheme
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