Orion Group (NYSE:ORN) stock price target increased to $9.00, issued a research note today by FBR & Co.
- Updated: October 5, 2016
Having a price of $6.86, Orion Group (NYSE:ORN) traded 3.00% higher on the day. With the last stock price up 22.57% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. ORN has recorded a 50-day average of $6.26 and a two hundred day average of $5.60. Trading volume was down over the average, with 47,759 shares of ORN changing hands under the typical 77,157
FBR & Co. raised the target price of Orion Group (NYSE:ORN) to $9.00 stating a potential upside of 0.31%.
On 08/08/2016, Imperial Capital released a statement about Orion Group (NYSE:ORN) upped the target price from $6.00 to $6.50 that suggested an upside of 0.08%.
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Orion Group has a 52 week low of $3.25 and a 52 week high of $6.91 The company’s market cap is currently $0.
In addition to FBR & Co. reporting its target price, a total of 7 firms have reported on the stock. The consensus target price is $7.36 with 1 firm rating the stock a strong buy, 2 firms rating the stock a buy, 4 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
About Orion Group (NYSE:ORN)
Orion Group Holdings, Inc., formerly Orion Marine Group, Inc., is engaged in the heavy civil construction project management business. The Company specializes in marine construction. It provides a range of heavy civil marine construction services to federal agencies, state and municipal governments, and private commercial and industrial customers. Its heavy civil marine construction and project management services include new construction, dredging, repair and maintenance, and other related specialty services. The Company provides its heavy civil marine construction services on, over and under the water in the continental United States, Alaska, Canada and the Caribbean Basin. It provides heavy civil marine construction services through projects that are obtained primarily through a competitive bid or contract process.
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