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Ormat Technologies Inc (Symbol: ORA) shares have surpassed the average 12-month target price set by analysts, trading at $97.11 per share, above the target of $94.00. This movement prompts analysts to either downgrade their valuations or adjust their forecasts. The range of analyst targets includes a low of $84.00 and a high of $98.00, with a standard deviation of $5.79.
Current ratings for Ormat Technologies include 1 Strong Buy, 0 Buys, 4 Holds, 0 Sells, and 0 Strong Sells, resulting in an average rating of 2.6 on a scale where 1 is Strong Buy and 5 is Strong Sell. Analysts contributing to this data are part of the Zacks coverage universe, which has highlighted the need for investors to assess the stock’s future potential.
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