Deutsche Bank Lowers Orica Limited EPS Estimates (ORI)
Equities researchers at Deutsche Bank decreased their earnings per share estimates on shares of Orica Limited (ASX:ORI) in a research report issued on Thursday, ARN reports.
A number of other firms have also recently commented on ORI. Analysts at Morningstar reiterated a “hold” rating on shares of Orica Limited in a research note on Wednesday, March 26th. Four analysts have rated the stock with a hold rating, The company currently has a consensus rating of “Hold” and an average target price of A$27.88 ($26.06).
Orica Limited (ASX:ORI) traded down 0.95% on Thursday, hitting A$20.960. The stock had a trading volume of 1,035,821 shares. Orica Limited has a one year low of A$17.470 and a one year high of A$26.530. The stock has a 50-day moving average of A$23.81 and a 200-day moving average of A$22.14. The company has a market cap of A$7.718 billion and a P/E ratio of 12.81.
Orica Limited is engaged in the manufacture and distribution of mining products and services, consumer products, and chemical products and services.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.