Woodside Petroleum Limited Rating Reiterated by Macquarie (WPL)
Woodside Petroleum Limited (ASX:WPL)‘s stock had its “underperform” rating reaffirmed by investment analysts at Macquarie in a note issued to investors on Sunday. They currently have a $39.00 target price on the stock.
Several other analysts have also recently commented on the stock. Analysts at RBC Capital upgraded shares of Woodside Petroleum Limited to an “underperform” rating in a research note on Friday, June 27th. They now have a $43.00 price target on the stock, up previously from $40.00. Two investment analysts have rated the stock with a sell rating and four have given a hold rating to the company. Woodside Petroleum Limited presently has a consensus rating of “Hold” and a consensus target price of A$242.79 ($229.04).
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’s 50-day moving average is A$39.72 and its 200-day moving average is 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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.