BUZZ - Morningstar maintains fair value estimate for Aurora Australiana due to strong performance in its canning business

October 15 - ** Analysts at Morningstar have maintained a fair value estimate of AUD 2.3 for Orora Ltd (ORA.AX), which is above the previous trading day's closing price. The company's share price fell following Orora's (ORA) FY27 first-quarter trading update.

** The investment research firm predicts that FY27 adjusted EBIT will decline by 19% year-on-year due to falling sales in the Saverglass segment and rising manufacturing costs.

** Morningstar believes the market is impatient with Saverglass, a division that has faced major headwinds from US tariffs, cost-of-living pressures, and war in the Middle East.

** Market sentiment has also affected the outlook for Orora's can manufacturing business, though Morningstar considers this segment to have a potential moat.

** Orora is one of Australia's largest can manufacturers, and collaborates with Coca-Cola KO.N, Asahi 2502.T, and Suntory 2587.T.

** According to data compiled by LSEG (London Stock Exchange Group), out of 12 analysts, only one rates the stock a "buy" or higher, while 11 rate it as a "hold"; the median target price is AUD 1.57.

** As of the last close, the stock has fallen 38.9% so far this year.

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