Origin Energy Limited (OGFGF) Gets a Sell from Morgan Stanley
In a report released today, Robert Koh from Morgan Stanley maintained a Sell rating on Origin Energy Limited, with a price target of A$11.07.
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According to TipRanks, Koh is an analyst with an average return of -2.3% and a 43.52% success rate. Koh covers the Energy sector, focusing on stocks such as Santos Limited, Beach Energy , and Viva Energy Group Ltd..
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Origin Energy Limited with a A$12.41 average price target.
OGFGF market cap is currently A$21.2B and has a P/E ratio of 8.87.
Based on the recent corporate insider activity of 10 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of OGFGF in relation to earlier this year.
Read More on OGFGF:
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- Origin Energy Director Increases Indirect Shareholding
- Origin Energy Updates Interim Dividend Terms and DRP Pricing
- Origin Energy director Stephen Mikkelsen acquires indirect stake in company shares
- Origin CEO trims stake to meet tax bill, retains significant holding
- Origin Energy Issues 291 Unquoted Share Rights Under Employee Incentive Scheme
