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

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

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

Shares of ORCC stock 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.

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Analyst Recommendations for Online Resources (NASDAQ:ORCC)

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