RBC Capital Upgrades Woodside Petroleum Limited to “Underperform” (WPL)
Woodside Petroleum Limited (ASX:WPL) was upgraded by equities researchers at RBC Capital to an “underperform” rating in a research report issued on Sunday. The firm currently has a $43.00 price target on the stock, up from their previous price target of $40.00.
A number of other firms have also recently commented on WPL. Analysts at Macquarie reiterated an “underperform” rating on shares of Woodside Petroleum Limited in a research note on Sunday. They now have a $39.00 price target on the stock. Two research analysts have rated the stock with a sell rating and four have assigned a hold rating to the company. The stock currently has an average rating of “Hold” and an average target price of A$242.79 ($229.04).
Shares of Woodside Petroleum Limited (ASX:WPL) opened at 41.810 on Friday. Woodside Petroleum Limited has a 52-week low of A$33.310 and a 52-week 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$34.448 billion and a price-to-earnings ratio of 19.59.
Woodside Petroleum Ltd (ASX:WPL) is an Australia-based oil and gas company.
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