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UBS Maintains Their Hold Rating on Orica Limited (OCLDF)

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According to TipRanks.com, Reilly is ranked #1255 out of 7861 analysts.

Orica Limited has an analyst consensus of Moderate Buy, with a price target consensus of $11.86, an 9.0% upside from current levels. In a report released yesterday, Citigroup also maintained a Hold rating on the stock with a price target.

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Orica Limited’s market cap is currently $4.45B and has a P/E ratio of -33.98.

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Orica Ltd. engages in the manufacture and distribution of commercial explosives and blasting systems. It operates through the following segments: Australia, Pacific, and Asia; North America; Latin America; Europe, Middle East, and Africa; Minova; Auxiliaries; and Global Support. The Australia, Pacific, and Asia; North America; Latin America; and Europe, Middle East, and Africa segment involves in the supply of commercial explosives and blasting systems including technical services and solutions to the mining and infrastructure markets, and supply of mining chemicals including sodium cyanide for gold extraction. The Minova segment provides chemical and mechanical earth control products, adhesives, and ground support solutions for the underground mining, construction, tunneling, and civil engineering industries. The Auxiliaries segment consists of all adjacency businesses. The Global Support segment relates to corporate and support costs which cannot otherwise be allocated to other segments on a reasonable basis and operation of the Botany Groundwater Treatment Plant and non-operating assets. Its products include BlastIQ Plattform and mining chemicals such as sodium cyanide and emulsifiers. The company was founded in 1874 and is headquartered in Melbourne, Australia.

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