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Ord Minnett Sticks to Its Sell Rating for Woodside Energy Group (WDS)

Tipranks - Mon Mar 9, 7:46PM CDT

Ord Minnett analyst maintained a Sell rating on Woodside Energy Group today and set a price target of A$24.75.

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In addition to Ord Minnett, Woodside Energy Group also received a Sell from Morgan Stanley’s Robert Koh in a report issued yesterday. However, on the same day, Citi 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

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