Online Resources (NASDAQ:ORCC) Research Coverage Started at Raymond James

Raymond James initiated coverage on shares of Online Resources (NASDAQ:ORCC) in a report published on Monday, BenzingaRatingsTable reports. The brokerage issued an outperform rating and a $17.00 price objective on the technology company’s stock.

ORCC has been the subject of a number of other reports. Bank of America initiated coverage on shares of Online Resources in a research note on Monday. They set a neutral rating and a $16.00 price target for the company. Compass Point initiated coverage on shares of Online Resources in a research note on Thursday, July 18th. They set a neutral rating for the company. Royal Bank of Canada initiated coverage on shares of Online Resources in a report on Monday. They set an outperform rating and a $17.00 price objective for the company. Keefe, Bruyette & Woods initiated coverage on shares of Online Resources in a report on Monday. They set a market perform rating and a $16.00 price objective for the company. Finally, Wells Fargo & Co initiated coverage on shares of Online Resources in a report on Monday. They set a market perform rating and a $6.00 price objective for the company. Four investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Online Resources currently has a consensus rating of Buy and a consensus target price of $15.44.

ORCC opened at $15.73 on Monday. Online Resources has a fifty-two week low of $15.02 and a fifty-two 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.

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Analyst Recommendations for Online Resources (NASDAQ:ORCC)

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