Citi Sticks to Their Hold Rating for Woodside Energy Group (WDS)

Business Insider

29-04-2025

Citi analyst Paul McTaggart maintained a Hold rating on Woodside Energy Group (WDS – Research Report) today and set a price target of A$21.50. The company's shares opened today at A$20.42.
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According to TipRanks, McTaggart is a 5-star analyst with an average return of 8.9% and a 54.02% success rate. McTaggart covers the Basic Materials sector, focusing on stocks such as BHP Group Ltd, Rio Tinto Limited, and Bluescope Steel .
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Woodside Energy Group with a A$25.97 average price target, representing a 27.18% upside. In a report released on April 25, Bernstein also maintained a Hold rating on the stock with a A$23.00 price target.
Based on Woodside Energy Group's latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of A$5.99 billion and a net profit of A$1.94 billion. In comparison, last year the company earned a revenue of A$7.4 billion and had a net profit of A$1.74 billion
Based on the recent corporate insider activity of 14 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.