Morgan Stanley raises its Origin Energy earnings estimates, mainly in FY26, for the rise in pool prices and pool volatility, and is incrementally positive on the business. As a result, the broker's target rises to $10.00 from $9.50.

Forward pool prices are up by around $15/MWh month-on-month, which the analysts attribute to NSW volatility.

Equal-weight target retained. Industry view: Cautious.

Sector: Utilities.

Target price is $10.00.Current Price is $10.08. Difference: ($0.08) - (brackets indicate current price is over target). If ORG meets the Morgan Stanley target it will return approximately -1% (excluding dividends, fees and charges - negative figures indicate an expected loss).

© 2024 Acquisdata Pty Ltd., source FN Arena