Ormat Technologies (ORA) Gets a Hold Rating from Oppenheimer

In a report released today, Noah Kaye from Oppenheimer maintained a Hold rating on Ormat Technologies (ORA). The company’s shares closed last Tuesday at $68.84.

According to TipRanks.com, Kaye is a 4-star analyst with an average return of 4.2% and a 53.4% success rate. Kaye covers the Industrial Goods sector, focusing on stocks such as Rockwell Automation, Delphi Technologies, and Johnson Controls.

The the analyst consensus on Ormat Technologies is currently a Hold rating.

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The company has a one-year high of $87.07 and a one-year low of $55.22. Currently, Ormat Technologies has an average volume of 360.8K.

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Ormat Technologies, Inc. is a holding company, which engages in the provision of geothermal and recovered energy power business. It operates through the following segments: Electricity, Products, and Other. The Electricity segment develops, builds, owns, and operates geothermal and recovered energy-based power plants in the United States, and geothermal power plants in other countries. The Product segment designs, manufactures, and sells equipment for geothermal and recovered energy-based electricity generation and remote power units, and provide services relating to the engineering, procurement, construction, operation and maintenance of geothermal and recovered energy-based power plants. The Other Segment segment offers energy storage, demand response and energy management related services energy storage, demand response, and energy management related services. The company was founded in 1965 and is headquartered in Reno, NV.

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