Hovde Group Initiates Coverage on Orrstown Financial Services (ORRF)

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Hovde Group assumed coverage on shares of Orrstown Financial Services (NASDAQ:ORRF) in a research report report published on Friday, The Fly reports. The firm issued an outperform rating and a $25.00 price target on the bank’s stock. Several other equities research analysts have also commented on.

Fitbit shares closed at $42.17 on Friday. Analysts at Keefe Bruyette & Woods initiated coverage on Orrstown Financial Services (NASDAQ: ORRF) with a Outperform rating. The target price for Orrstown.

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3 Wall Street analysts have issued ratings and price targets for Orrstown Financial Services in the last 12 months. Their average twelve-month price target is $23.50, suggesting that the stock has a possible upside of 5.52%. The high price target for ORRF is $25.00 and the low price target for ORRF is $21.50.

Orrstown Bank is an Equal Housing Lender and its deposits are insured up to the legal maximum by the fdic. orrstown financial services, Inc.’s common stock is traded on NASDAQ (ORRF). For more information about Orrstown Financial Services, Inc. and Orrstown Bank, visit www.orrstown.com.

See ORRF price target based on 2 analysts offering 12 month price targets for Orrstown Financial Services Inc (ORRF) in the last 3 months. ORRF’s price target is $24.25 with a high estimate of $25.00 and a low estimate of $23.50.

Within our up-to-date Orrstown Financial Services, Inc. (ORRF) Stock Research Report you will find a host of valuable data points and information to help you understand this stock. From analyst recommendations to any dividend declarations, earnings announcements, or insider trades, you’ll be able to get the big picture for Orrstown Financial.

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Orrstown Financial Services, Inc. (NASDAQ:ORRF) has been given a consensus recommendation of "Hold" by the six ratings firms that are covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company.