Origin Energy Limited (OGFGF) Receives a New Rating from Jefferies

In a report released today, Amit Kanwatia from Jefferies initiated coverage with a Buy rating on Origin Energy Limited (OGFGF – Research Report) and a price target of A$12.05. The company's shares closed last Wednesday at $7.10.
Confident Investing Starts Here:
Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
According to TipRanks, Kanwatia is ranked #6755 out of 9596 analysts.
The word on The Street in general, suggests a Hold analyst consensus rating for Origin Energy Limited with a $6.82 average price target.
Based on Origin Energy Limited's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $8.8 billion and a net profit of $1.02 billion. In comparison, last year the company earned a revenue of $7.93 billion and had a net profit of $995 million

Try Our AI Features

Explore what Daily8 AI can do for you:

Learn with AIFact CheckingText to SpeechAI Summary

Related Articles

Yahoo

an hour ago

• Yahoo

Jefferies Lifts EOG Resources (EOG) Price Target, Keeps Buy Rating

EOG Resources, Inc. (NYSE:EOG) is one of the 10 Best Oil and Gas Stocks to Buy Now. On June 13, Jefferies increased its price target on EOG Resources, Inc. (NYSE:EOG) from $144 to $148 while keeping a 'Buy' rating. This decision came after discussions with EOG Resources, Inc.'s (NYSE:EOG) Vice President and Head of Investor Relations Pearce Hammond. The talks focused on the company's recent Encino acquisition and plans for development in the future. An oil rig in action in a vast desert, drilling for natural gas. Jefferies confirmed EOG Resources, Inc.'s (NYSE:EOG) earlier statement that the Encino acquisition would boost EBITDA and cash flow by 10%. However, the firm's own analysis suggests that free cash flow could improve even more, especially after taking into account about $150 million in synergies and expected changes in production. The higher price target is based on the assumption by Jefferies that the Encino acquisition will be completed in the third quarter of 2025. This deal is expected to provide EOG Resources, Inc. (NYSE:EOG) with more production assets and operational efficiencies. EOG Resources, Inc. (NYSE:EOG) is one of the largest American crude oil and natural gas exploration and production companies with proven reserves in the US and Trinidad. While we acknowledge the potential of EOG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 11 Stocks That Will Bounce Back According To Analysts and 11 Best Stocks Under $15 to Buy According to Hedge Funds. Disclosure: None. Sign in to access your portfolio

Yahoo

9 hours ago

• Yahoo

CyberArk's (CYBR) Price Target Raised to $480 at Jefferies

CyberArk Software Ltd. (NASDAQ:CYBR) is one of the 11 must-buy AI stocks analysts are betting on. On June 16, Jefferies reiterated its Buy rating on the stock and increased the price target to $480 from $430. The adjustment comes as the research firm remains confident about the company's strong positioning in the cyber-attacks market. Den Rise/ According to Jefferies, CyberArk Software has outperformed the overall market with a 16% yearly gain. The impressive run is supported by the company's 35.12% revenue growth and 77.91% gross profit margin, affirming growth. Jefferies expects the company to register significant growth in its annual recurring revenue through new Privileged Access Management (PAM) customers, maintenance conversions, and cross-selling opportunities. The firm also expects the company to achieve free cash flow margins of over 27%. CyberArk Software Ltd. (NASDAQ:CYBR) is a software company specializing in cybersecurity, focusing on Identity Security and Privileged Access Management (PAM). Its solutions help organizations protect their valuable assets by securing access to human and machine identities across various environments. It uses Artificial Intelligence (AI) in its Identity Security Platform to enhance security, efficiency, and user experience. While we acknowledge the potential of CYBR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 12 Best Healthcare Stocks to Buy Now and 10 Stocks Analysts Are Upgrading Today. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Yahoo

10 hours ago

• Yahoo

GXO Logistics reports CMA clears acquisition of Wincanton with conditions

GXO Logistics (GXO) announced that the UK Competition and Markets Authority has cleared GXO's acquisition of Wincanton subject to the divestment of a small number of Wincanton grocery contracts in the UK, and that integration will be permitted with the vast majority of the Wincanton business once certain administrative conditions are met. The company also announced that it is raising full-year guidance on organic revenue growth, adjusted EBITDA and adjusted diluted EPS. Malcolm Wilson, Chief Executive Officer of GXO, said, 'We are pleased to have the UK regulatory review concluded and are excited to bring the two businesses together. The combination of GXO and Wincanton will enhance GXO's offering for customers across the UK and Ireland and bring presence in strategic verticals that will serve as a springboard for growth. We are well positioned to move forward swiftly and look forward to welcoming the Wincanton team to GXO.' Integration is expected to commence in the third quarter and the teams are permitted to collaborate on specified ongoing aerospace and defense tenders in the UK effective immediately. No further regulatory reviews are required, the company stated. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders' Hot Stocks on TipRanks >> Read More on GXO: Disclaimer & DisclosureReport an Issue GXO Logistics introduces enhanced GXO Direct solution in the U.S. GXO Logistics management to meet with Oppenheimer GXO Logistics extends longstanding partnership with bioMerieux GXO Logistics announces new partnership in Netherlands with Toolstation GXO Logistics Stockholders Elect Board Members in 2025