** Analysts at Citi initiate coverage on Origin Energy ORG.AX with the opinion it is a high quality utilities company well positioned to benefit during the energy transition
** Brokerage initiates coverage with "buy" rating and A$12.00/shr target price
** Origin is uniquely placed to benefit from emerging trend of looming gas shortages with legacy gas contracts, booked pipeline capacity - Citi** Five of 10 analysts covering the stock rate it "buy" or higher and five "hold"; their median PT is A$10.54 - LSEG data** Stock has risen 25.9% YTD, as of last close
** Analysts at Citi initiate coverage on Origin Energy ORG.AX...
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Last
$10.86 |
Change
-0.090(0.82%) |
Mkt cap ! $18.70B | |||
| Open | High | Low | Value | Volume |
| $10.94 | $11.06 | $10.86 | $35.83M | 3.279M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 112720 | $10.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.88 | 176 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| ORG (ASX) Chart |