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Macquarie Sticks to Their Hold Rating for Woodside Energy Group (WDS)
In a report released today, from Macquarie maintained a Hold rating on Woodside Energy Group, with a price target of A$30.00.
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In addition to Macquarie, Woodside Energy Group also received a Hold from Citi’s Tom Wallington in a report issued today. However, on the same day, Morgan Stanley downgraded Woodside Energy Group (ASX: WDS) to a Sell.
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
Read More on AU:WDS:
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- Woodside Director Increases Indirect Shareholding Under Board Share Plan
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- Woodside lodges updated corporate governance statement and Appendix 4G
- Woodside Energy Declares Semi-Annual Dividend of USD 0.59 Per Share
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