Woodside Petroleum Limited Upgraded by RBC Capital to Underperform (WPL)
Woodside Petroleum Limited (ASX:WPL) was upgraded by analysts at RBC Capital to an “underperform” rating in a research report issued to clients and investors on Thursday. The firm currently has a $43.00 target price on the stock, up from their previous target price of $40.00.
A number of other analysts have also recently weighed in on WPL. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Woodside Petroleum Limited in a research note on Sunday, June 8th. They now have a $37.15 price target on the stock. One analyst has rated the stock with a sell rating and four have issued a hold rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of A$310.72 ($293.13).
Woodside Petroleum Limited (ASX:WPL) traded up 1.47% during mid-day trading on Thursday, hitting A$41.500. 7,463,114 shares of the company’s stock traded hands. Woodside Petroleum Limited has a 1-year low of A$33.310 and a 1-year high of A$41.720. The stock has a 50-day moving average of A$39.72 and a 200-day moving average of A$38.60. The company has a market cap of A$34.192 billion and a P/E ratio of 19.25.
Woodside Petroleum Ltd (ASX:WPL) is an Australia-based oil and gas company.
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