Origin Energy Limited Rating Reiterated by Macquarie (ORG)
Origin Energy Limited (ASX:ORG)‘s stock had its “outperform” rating reaffirmed by analysts at Macquarie in a research report issued to clients and investors on Sunday, AR Network reports.
A number of other analysts have also recently weighed in on ORG. Analysts at Credit Agricole reiterated a “buy” rating on shares of Origin Energy Limited in a research note to investors on Wednesday, October 23rd. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of A$13.41 ($11.97).
Origin Energy Limited (ASX:ORG) opened at 13.990 on Friday. Origin Energy Limited has a 52-week low of A$11.000 and a 52-week high of A$14.900. The stock has a 50-day moving average of A$13.82 and a 200-day moving average of A$13.51. The company has a market cap of A$15.360 billion and a price-to-earnings ratio of 40.90.
Origin Energy Limited (ASX:ORG) is engaged in the operation of energy businesses, including the exploration and production of oil and gas; electricity generation; wholesale and retail sale of electricity and gas, and renewable energy development opportunities in Australia and overseas.
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