Origin Energy Limited (ASX: ORG)‘s stock had its “outperform” rating reaffirmed by Macquarie in a research note issued on Wednesday. They currently have a $16.15 (16 AUD) price target on the stock.

Shares of Origin Energy Limited traded up 1.18% during mid-day trading on Wednesday, hitting A$11.190. Origin Energy Limited has a 52 week low of A$11.170 and a 52 week high of A$15.080. The company has a market cap of A$12.192 billion and a P/E ratio of 12.38.

Origin Energy Limited (Origin) is engaged in the operation of energy businesses, including the exploration and production of oil and gas; electricity generation; wholesale and retail sale of electricity and gas, and renewable energy development opportunities in Australia and overseas.

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