ORI

Orica (ORI) Update provided by Australian stockmarket analyst Macquarie Research Equities.

AN Prices Set To Explode

ORI has long been a solid performer due to it’s exposure to the current resources super cycle. ORI has traded erratically as has the broader market of late, but looks like it could be priming itself for a potential jump north in the near future….

Source: Weekly
Past performance is not a reliable indicator of future performance.

Here is an update on the different sectors of Australian market from market analyst Macquarie Research Equities.

Record Oil - The Impact of Black Gold

Orica (ORI) has a target price of $33.50 and an Outperform recommendation from Australian Stockmarket analyst Macquarie Research Equities..

Orica (ORI) – Money to Be Made In Ammonia

Orica (ORI) has a price target of $32.30 from Australian stock analyst UBS

Yara to proceed with Burrup AN plant

New 350kt ammonium nitrate (AN) plant:

Global fertiliser group, Yara International, has announced a Memorandum of Understanding with Burrup Holdings to build a new 350kt AN plant on Western Australia's Burrup Peninsula. Yara will handle the marketing of the AN, which represents its first entry into the Australian AN market.

Regional oversupply temporarily emerges in 2012:

Orica Limited (ORI) has an Outperform recommendation on the stock with a 12-month price target of $33.50 from Australian stockmarket analyst Macquarie Research Equities.

Orica (ORI): Orica – Leveraging off Iron Ore Demand

Orica (ORI) has a reiterated Buy stock recommendation and a $34 share price target from Australian stockmarket analysts from Citi.

Orica Ltd: Staying bullish on pricing outlook

Bullish industry outlook overrides result — Orica delivered a mixed result, 6% short of our forecast. We retain our positive view, driven by an increasingly positive outlook for explosive prices on the back of tighter fertiliser markets and sharply higher capacity replacement costs. We reiterate our Buy recommendation and $34.00 target price.

Orica (ORI) has a $34.22 share price target and an Outperform stock recommendation from sharemarket analyst Macquarie Research Equities.

ORI: Trading Idea

Orica (ORI) - Outperform
Current Price: $30.50
Target Price: $34.22 (~12.19% Upside)
P/E: 17.4 X
Div Yield: 3.2% (35% Franked)

Orica (ORI) Technicals:

Orica (ORI) commentary by Australian stock analysts Macquarie Research. They see 15% further upside to this stock.

Resource Services, Real Winner in Sector Boom!