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Macquarie Sticks to Its Hold Rating for Origin Energy Limited (OGFGF)
Macquarie analyst maintained a Hold rating on Origin Energy Limited today and set a price target of A$11.25.
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In addition to Macquarie, Origin Energy Limited also received a Hold from TipRanks – xAI’s xAi Oil and Gas Integrated in a report issued yesterday. However, today, Citi maintained a Buy rating on Origin Energy Limited (Other OTC: OGFGF).
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
Read More on OGFGF:
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- Origin Extends Eraring Power Station Operations to 2029 to Bolster NSW Grid
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- Origin Energy Issues New Unquoted Share Rights Under Employee Incentive Scheme
- Australia’s Origin Energy Backs Kraken with $140M Equity Injection
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