Balanced Portfolio - Worley Limited (WOR) INCREASE PRICE TARGET
Date: 01/03/2024
*** GENERAL AVICE ONLY***
*** Trade Plan ***
Average entry price: $15.20 (7th Feb & 28th Feb)
Previous price target: 17.00
Current price:$17.50 (+14.8%)
New Target Price: $19.00
Worley Limited (WOR) is an Australia-based provides professional project and asset services in the energy, chemicals and resources sectors. The Company offers digital, consulting, engineering and design, construction management, construction and fabrication, project management, and operation and maintenance services, as well as maintenance, modification and operation services. In energy sector, it produces energy from various conventional and low-carbon energy sources, such as oil and gas, wind, solar, hydrogen, and other, as well as projects related to power generation, transmission and distribution. In chemicals sector, it manufactures, processes and refines chemicals and fuels, such as renewable fuels, petrochemicals, polymers and specialty chemicals. In resources sector, it processes mineral and metal resources, including those central to the energy transition and resource projects related to water use and reuse, the environment, transport, ports and site remediation and decommissioning.
Mkt Cap: $7.8B
PE: 19
Yield: 3.6%
Disclaimer: The recommendation given is general advice only. It does not take into account your personal objectives, financial situation, or specific needs. This information should not be your sole resource when making such decisions. We strongly recommend you to seek the advice of financial, taxation, and legal professionals before finalising any investment decisions.