In a report issued on November 6, Jeff Osborne from Cowen & Co. reiterated a Buy rating on Ormat Technologies (ORA), with a price target of $60. The company’s shares closed yesterday at $53.16.
According to TipRanks.com, Osborne is ranked #4624 out of 4918 analysts.
Currently, the analyst consensus on Ormat Technologies is a Moderate Buy with an average price target of $60.
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The company has a one-year high of $70.68 and a one-year low of $45.79. Currently, Ormat Technologies has an average volume of 209.8K.
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Ormat Technologies, Inc. is a holding company, which engages in the geothermal and recovered energy power business. It operates through the Electricity and Products segments.
