Morningstar maintains fair value estimates for Australia's Orora on strong cans segment

By Reuters News

** Analysts at Morningstar maintain their fair value estimates for Orora Ltd ORA.AX at A$2.3, higher than last close, after shares fell following ORA's Q1FY27 trading update

** Investment research firm forecasts FY27 adjusted EBIT 19% lower than prior year, citing lower sales from Saverglass segment and higher manufacturing costs

** Believes market is too impatient with Saverglass, which has had to bear the brunt of US tariffs, cost-of-living pressures and the Middle East war

** Market sentiment bleeds onto the prospects of Orora's cans business, which Morningstar considers to have a potential moat

** Orora is among Australia's biggest can producers, having contracts with Coca-Cola KO.N , Asahi 2502.T, and Suntory 2587.T

** One of 12 analysts rates the stock "buy" or higher, 11 "hold"; their median PT is A$1.57 – according to data compiled from LSEG

** YTD, stock down 38.9%, as of last close

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