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Macquarie Remains a Hold on Woodside Energy Group (WDS)

Tipranks - Tipranks - Thu Jun 25, 7:16PM CDT

In a report released yesterday, from Macquarie maintained a Hold rating on Woodside Energy Group, with a price target of A$30.00.

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Woodside Energy Group has an analyst consensus of Hold, with a price target consensus of A$31.02.

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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

Based on the recent corporate insider activity of 18 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of WDS in relation to earlier this year.

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