Orrstown Financial Services (NASDAQ:ORRF) Rating Increased to Hold at Zacks Investment Research

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Stock quote for orrstown financial services Inc Common Stock Common Stock (ORRF) with real-time last sale and extended hours stock prices, company news, charts, and research at Nasdaq.

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Orrstown Financial Services (NASDAQ:ORRF) was upgraded by Zacks Investment Research from a "hold" rating to a "buy" rating in a research report issued on Wednesday, Zacks.com reports. The brokerage presently has a $24.00 price target on the bank’s stock. Zacks Investment Research’s price objective would suggest a potential upside of 9.09% from the company’s previous [.]

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Orrstown Financial Services, Inc. (NASDAQ:ORRF) has been assigned a consensus broker rating score of 2.00 (Buy) from the two analysts that provide coverage for the company, Zacks Investment Research reports. One research analyst has rated the stock with a hold recommendation and one has given a strong buy recommendation to the company.

Zacks investment research downgraded shares of Orrstown Financial Services from a buy rating to a hold rating in a research note on Friday, January 25th. Sandler O’Neill cut Orrstown Financial Services from a buy rating to a hold rating and decreased their target price for the stock from $22.00 to $21.50 in a report on Friday, March 29th.

Zacks Research is Reported On: Since 1988 it has more than doubled the S&P 500 with an average gain of +25.7% per year. These returns cover a period from 1988-2018. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during.

Zacks Investment Research downgraded shares of Orrstown Financial Services (NASDAQ:ORRF) from a hold rating to a sell rating in a research report sent to investors on Tuesday, Zacks.com reports. According to Zacks, "Orrstown Financial Services, Inc. is a financial holding company. The Company’s primary activity consists of owning and supervising its subsidiary, Orrstown Bank, that [.]

Orrstown Financial Services (NASDAQ:ORRF) was downgraded by Zacks Investment Research from a "hold" rating to a "sell" rating in a research report issued to clients and investors on Friday, Zacks.com reports. According to Zacks, "Orrstown Financial Services, Inc. is a financial holding company.