Wells Fargo & Co started coverage on shares of Online Resources (NASDAQ:ORCC) in a research note published on Monday, BenzingaRatingsTable reports. The firm issued a market perform rating and a $6.00 price objective on the technology company’s stock.
A number of other research analysts have also issued reports on the stock. Compass Point started coverage on shares of Online Resources in a report on Thursday, July 18th. They issued a neutral rating for the company. Bank of America began coverage on shares of Online Resources in a research report on Monday. They set a neutral rating and a $16.00 target price for the company. Finally, Keefe, Bruyette & Woods began coverage on shares of Online Resources in a research report on Monday. They set a market perform rating and a $16.00 target price for the company. Four equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Online Resources has a consensus rating of Buy and a consensus price target of $15.44.
Shares of NASDAQ ORCC opened at $15.69 on Monday. Online Resources has a 1 year low of $15.02 and a 1 year 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.
Featured Article: What does it mean to hold a stock in street name?
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.