Jefferies lifts Origin Energy PT as higher LNG prices to boost earnings

Origin Energy

15/04/2026 22:20

** Jefferies raises price target on Australian energy producer Origin Energy ORG.AX to A$13.34 from A$13.03 with a "buy" rating

** Brokerage says ORG is likely to benefit from higher LNG prices through its stake in privately owned LNG joint venture APLNG

** Jefferies estimates ORG group's EBITDA will rise about 6.3% on average over the next three years

** "In the current uncertain environment, ORG offers diversified earnings exposure through its core energy business, its stake in APLNG and growth optionality from its stake in Octopus Energy Group and its energy-software platform Kraken", says Jefferies

** 4 of 9 brokerages rate the stock "buy" or higher, 3 "hold" and 2 "sell"; their median PT is A$13 - LSEG data

** ORG stock up 6.09% YTD

(Reporting by Sruthi Narasimha Chari in Bengaluru)

((Sruthinarasimha.chari@thomsonreuters.com))