Woodside Petroleum Limited Upgraded by RBC Capital to Underperform (WPL)
Woodside Petroleum Limited (ASX:WPL) was upgraded by equities research analysts at RBC Capital to an “underperform” rating in a research note issued to investors on Friday. The firm currently has a $43.00 target price on the stock, up from their previous target price of $40.00.
Other equities research analysts have also recently issued reports about the stock. Analysts at Macquarie reiterated an “underperform” rating on shares of Woodside Petroleum Limited in a research note on Friday. They now have a $39.00 price target on the stock. Finally, 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. Two equities research analysts have rated the stock with a sell rating and four have assigned a hold rating to the company. The stock has an average rating of “Hold” and an average price target of A$242.79 ($229.04).
Woodside Petroleum Limited (ASX:WPL) traded down 0.70% during mid-day trading on Friday, hitting A$41.300. The stock had a trading volume of 6,509,401 shares. Woodside Petroleum Limited has a one year low of A$33.310 and a one 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$34.027 billion and a P/E ratio of 19.57.
Woodside Petroleum Ltd (ASX:WPL) is an Australia-based oil and gas company.