J.P. Morgan Sticks to Its Buy Rating for Orica Limited (OCLDF)

Tip Ranks
2025.11.15 12:06
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J.P. Morgan analyst Lee Power maintained a Buy rating for Orica Limited with a price target of A$26.00. The stock closed at A$23.40, and Power, who covers the Basic Materials sector, has a 12.7% average return. Orica has a Strong Buy consensus, but with a price target of $16.69, indicating a -28.68% downside. Morgan Stanley also maintained a Buy rating with a A$23.00 target.

J.P. Morgan analyst Lee Power maintained a Buy rating on Orica Limited on November 13 and set a price target of A$26.00. The company’s shares closed last Thursday at A$23.40.

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Power covers the Basic Materials sector, focusing on stocks such as James Hardie, Orica Limited, and Sims. According to TipRanks, Power has an average return of 12.7% and a 65.00% success rate on recommended stocks.

Orica Limited has an analyst consensus of Strong Buy, with a price target consensus of $16.69, implying a -28.68% downside from current levels. In a report released on November 13, Morgan Stanley also maintained a Buy rating on the stock with a A$23.00 price target.

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