Woodside, page-1331

https://www.********.au/2024/06/07/should-you-load-up-on-woodside-shares/

A number of brokers see significant value in the company's shares at the current level.

For example, even Macquarie, which has a neutral rating on its shares, has a price target of $32.00, implying 18% upside for investors over the next 12 months.

Elsewhere, Morgan Stanley recently put an overweight rating and $35.00 price target on Woodside's shares. This suggests that they could rise by almost 30% between now and this time next year.

And over at Morgans, its analysts see even more value on offer. The broker has an add rating and $36.00 price target, which implies potential upside of 33% for investors from current levels.

The broker believes that recent share price weakness has created an opportunity for investors to buy a high quality ASX stock at a great price.