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RHB and UBS Maintain Buy Ratings for Pertamina Geothermal Energy with Price Targets

GEOTHERMAL

RHB Sekuritas and UBS Sekuritas have maintained buy ratings for PT Pertamina Geothermal Energy Tbk. (PGEO), with price targets of Rp1,530 and Rp1,780, respectively. Currently priced at Rp1,230, PGEO shares have seen a 9.33% year-to-date increase, and a consensus from analysts suggests a potential return of 39.5%, highlighting the company's attractive valuation compared to peers and strong EBITDA margins.

RHB and UBS Maintain Buy Ratings for Pertamina Geothermal Energy with Price Targets
Jan 22, 2026, 11:33 AM

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