Online Resources (NASDAQ:ORCC) Now Covered by Analysts at Raymond James

Share on StockTwits

Raymond James began coverage on shares of Online Resources (NASDAQ:ORCC) in a research note released on Monday morning, BenzingaRatingsTable reports. The brokerage issued an outperform rating and a $17.00 target price on the technology company’s stock.

A number of other analysts have also recently commented on ORCC. Wells Fargo & Co began coverage on Online Resources in a research report on Monday. They issued a market perform rating and a $6.00 price target on the stock. Compass Point began coverage on Online Resources in a research report on Thursday, July 18th. They issued a neutral rating on the stock. Keefe, Bruyette & Woods initiated coverage on Online Resources in a research report on Monday. They issued a market perform rating and a $16.00 price target on the stock. Royal Bank of Canada initiated coverage on Online Resources in a research report on Monday. They issued an outperform rating and a $17.00 price objective on the stock. Finally, Bank of America initiated coverage on Online Resources in a research report on Monday. They issued a neutral rating and a $16.00 price objective on the stock. Four equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The stock presently has a consensus rating of Buy and a consensus price target of $15.44.

Shares of ORCC opened at $15.69 on Monday. Online Resources has a 52 week low of $15.02 and a 52 week high of $16.45.

About Online Resources

Online Resources Corporation is engaged in providing outsourced, Web and phone based financial technology services to financial institution, biller, card issuer and creditor clients. The Company operates in two segments: Banking and e-Commerce. The Company’s products and services enable the Company’s clients to provide their consumer end users with the ability to perform various self-service functions, including electronic bill payments and funds transfers, which utilize its real-time debit architecture, automated clearing house (ACH) and other payment methods, as well as gain online access to their accounts, transaction histories and other information.

Read More: Asset Allocation Models, Which is Right For You?

Analyst Recommendations for Online Resources (NASDAQ:ORCC)

Receive News & Ratings for Online Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Online Resources and related companies with MarketBeat.com's FREE daily email newsletter.