MARKETS SPECTATOR: Orica cops an outburst

Margin squeeze in explosives and doubts about its Minova equipment division have prompted UBS to downgrade Orica.

Orica (ORI) has been downgraded to neutral from buy this morning by UBS, with a 12-month price target of $27.80 per share.

{{content.question}}

SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles