Origin Energy reports on Thursday, August 19, and Morgan Stanley looks for commentary around cost control, for example the Kraken implementation.
The broker also expects updates on the company's gas supply portfolio, and any colour on the pricing rationale of the three year flexible services contract with APA Group ((APA)). The Equal-weight rating and $4.88 target are maintained. Industry view: Cautious.
Target price is $4.88.Current Price is $4.50. Difference: $0.38 - (brackets indicate current price is over target). If ORG meets the Morgan Stanley target it will return approximately 8% (excluding dividends, fees and charges - negative figures indicate an expected loss).
© 2021 Acquisdata Pty Ltd., source FN Arena