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UBS Sticks to Its Buy Rating for Origin Energy Limited (OGFGF)

Tipranks - Tipranks - Thu Feb 12, 6:26PM CST

UBS analyst Tom Allen maintained a Buy rating on Origin Energy Limited today and set a price target of A$14.00.

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Allen covers the Energy sector, focusing on stocks such as Beach Energy , Santos Limited, and Woodside Energy Group. According to TipRanks, Allen has an average return of 7.8% and a 60.23% success rate on recommended stocks.

In addition to UBS, Origin Energy Limited also received a Buy from TipRanks – OpenAI’s OpenAI Oil and Gas Integrated in a report issued yesterday. However, on the same day, TipRanks – xAI downgraded Origin Energy Limited (Other OTC: OGFGF) to a Hold.

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Based on Origin Energy Limited’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of A$8.4 billion and a net profit of A$464 million. In comparison, last year the company earned a revenue of A$8.17 billion and had a net profit of A$402 million

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