Citi analysts are ‘neutral’ on Woodside shares, with a $25.50 price target, while Morgans recently upgraded the company to a ‘buy‘ from accumulate with a $30.50 target, citing improving operations, positive oil price momentum and a stronger macro backdrop.
The average broker recommendation on the stock is a ‘buy’, according to Refinitiv, with a $26.27 price target, suggesting further upside of almost 5%.