Online Resources (NASDAQ:ORCC) Receives New Coverage from Analysts at LADENBURG THALM/SH SH

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LADENBURG THALM/SH SH began coverage on shares of Online Resources (NASDAQ:ORCC) in a report published on Monday morning, BenzingaRatingsTable reports. The firm issued a buy rating and a $17.00 target price on the technology company’s stock.

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

Shares of Online Resources stock opened at $15.69 on Monday. Online Resources has a 1-year low of $15.02 and a 1-year 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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