.jpg "Roth Capital Thinks Ormat Technologies")
In a report issued on May 18, Gerry Sweeney from Roth Capital reiterated a Buy rating on Ormat Technologies (NYSE: ORA), with a price target of $67. The company’s shares closed on Friday at $52.70, close to its 52-week low of $51.39.
Sweeney has an average return of 3.1% when recommending Ormat Technologies.
According to TipRanks.com, Sweeney is ranked #1691 out of 4798 analysts.
Ormat Technologies has an analyst consensus of Moderate Buy, with a price target consensus of $63.40.
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Ormat Technologies’ market cap is currently $2.67B and has a P/E ratio of 16.27. The company has a Price to Book ratio of 2.16.
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Ormat Technologies, Inc. is a holding company, which design, develop, build, sell, own, and operate geothermal and energy-based power plants, It operates through the Electricity and Products segments. The Electricity segment engages in the sale of electricity.
