WDS | 09 June 2024 | AI Stock Analysis & News

Parallel Advisors LLC and Vanguard Personalized Indexing Management LLC increased their stakes in Woodside Energy Group Ltd, while Johnson Investment Counsel Inc. also raised its position in the company. These moves could potentially drive the stock price higher in the near future.

Stock AI’s forecasts:
🟢 +3.8% short-term ⬆️
🟢 +3.6% long-term ⬆️

Stock AI’s (WDS) Forecast get (+8.7% Profit)


StockAI’s analysis delivers real-world results. On 31 January 2024, $WDS ($21.14), StockAI predicted a long-term 🔴 sell signal. It was accurate: 1 month later price dropped to $19.3 (🔴-8.7%). Selling WDS on this signal yielded a +8.7% profit 💰💰.

WDS-Woodside Energy Group Ltd News


🔴 Parallel Advisors LLC increased their position in Woodside Energy Group Ltd stock by 26.1% in the 4th quarter, showing confidence in the company’s future prospects.

🟢 Vanguard Personalized Indexing Management LLC reduced their stake in Woodside Energy Group Ltd stock by 14.5% in the fourth quarter, potentially signaling a lack of faith in the company’s performance.

🔴 Johnson Investment Counsel Inc. lifted their position in Woodside Energy Group Ltd stock by 11.6% during the 4th quarter, indicating a positive outlook on the company’s growth potential.

🟢 The Motley Fool Australia suggested that Woodside shares are now at an attractive entry point, potentially leading to an increase in investor interest.

🔴 ASX 200 investors are bidding down the Woodside share price today, possibly due to concerns about the company’s financial performance.

🟢 Morgans named Woodside Energy Group Ltd as one of the best ASX 200 stocks to buy in May, which could lead to increased buying activity and a boost in stock price.

Woodside Energy Group Ltd stock has seen a mix of positive and negative news recently, with some investors showing confidence in the company’s growth potential while others seem to be more cautious. The increase in position by Parallel Advisors LLC and positive outlook from Johnson Investment Counsel Inc. could lead to a short-term price increase. However, the reduction in stake by Vanguard Personalized Indexing Management LLC and negative market sentiment from ASX 200 investors may result in a short-term price decrease. Overall, the mixed news could create volatility in Woodside Energy Group Ltd stock price in the near future. Investors should closely monitor developments and consider their investment strategies accordingly.

WDS-Woodside Energy Group Ltd Analyst Ratings


In recent analyst ratings on Woodside Energy Group Ltd stock, there have been some notable changes:

📉 Goldman Sachs analysts downgraded their rating on Woodside Energy Group Ltd stock from Buy to Neutral and lowered the target price from $20 to $18.

📈 Morgan Stanley analysts upgraded their rating on Woodside Energy Group Ltd stock from Equal Weight to Overweight and increased the target price from $17 to $20.

📈 Credit Suisse analysts raised their rating on Woodside Energy Group Ltd stock from Underperform to Neutral and maintained a target price of $16.

Sources:
1. ETF Daily News
2. The Motley Fool Australia
3. The Motley Fool Australia
4. The Motley Fool Australia
5. The Motley Fool Australia

Disclaimer


Investors may consider the AI predictions and news summaries as one factor in their investment decisions alongside their own research and risk tolerance.

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