LADENBURG THALM/SH SH assumed coverage on shares of Online Resources (NASDAQ:ORCC) in a research report sent to investors on Monday, BenzingaRatingsTable reports. The brokerage issued a buy rating and a $17.00 price target on the technology company’s stock.
Several other research firms also recently commented on ORCC. Royal Bank of Canada began coverage on Online Resources in a research report on Monday. They issued an outperform rating and a $17.00 target price on the stock. Wells Fargo & Co began coverage on Online Resources in a research report on Monday. They issued a market perform rating and a $6.00 target price on the stock. Raymond James began coverage on Online Resources in a research report on Monday. They issued an outperform rating and a $17.00 target price 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. Finally, Bank of America began coverage on Online Resources in a research report on Monday. They issued a neutral rating and a $16.00 target price on the stock. Four investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Online Resources has a consensus rating of Buy and a consensus price target of $15.44.
Online Resources stock opened at $15.69 on Monday. Online Resources has a 12 month low of $15.02 and a 12 month high of $16.45.
Online Resources Company Profile
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.
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