Citi Keeps Their Hold Rating on Woodside Energy Group (WDS)

Citi analyst Tom Wallington maintained a Hold rating on Woodside Energy Group today and set a price target of A$33.00.

Wallington covers the Energy sector, focusing on stocks such as Woodside Energy Group, Beach Energy , and Karoon Energy Ltd. According to TipRanks, Wallington has an average return of 9.1% and a 71.88% success rate on recommended stocks.

In addition to Citi, Woodside Energy Group also received a Hold from Morgan Stanley’s Robert Koh in a report issued on August 31. However, on August 26, Jarden 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$7.34 billion and a net profit of A$1.65 billion. In comparison, last year the company earned a revenue of A$6.59 billion and had a net profit of A$1.32 billion