Analysts lift ratings on Australia's Origin but target still below last close

Aug 14 (Reuters) - Analysts at Jefferies raise PT on Australia's Origin Energy ORG.AX to A$13.15 from A$12.34; while Morningstar lifts fair value estimate by 15% to A$10

Jefferies notes Origin's annual results underscore strong performance of its energy markets division, driven by growing strategic value of its peaking and flexible generation assets

Australia's top electricity and gas retailer posted a 26% climb in FY25 profit to A$1.49 billion ($967.90 million)

Brokerage revises FY26 EBITDA outlook for energy markets business to A$1.65 billion, near the top-end of the co's guidance range of A$1.4-1.7 billion

Morningstar upgrades medium term forecasts for co's energy markets segment and its share of profits from UK's Octopus Energy by 6% and 18%, respectively

ORG last closed up 6.3% at A$12.59, its highest level since November 2014; YTD up 15.5%

($1 = 1.5394 Australian dollars)