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Orion Marine Group Earns Overweight Rating from Analysts at Stephens (ORN)

Posted on August 24, 2015

By Karim Khaledi, Mideast Times

Stephens began coverage on shares of Orion Marine Group (NYSE:ORN) in a research note released on Monday,MarketBeat reports. The firm issued an overweight rating and a $10.00 price objective on the stock.

A number of other brokerages also recently commented on ORN. TheStreet lowered Orion Marine Group from a buy rating to a hold rating in a report on Thursday, April 30th. DA Davidson reaffirmed a neutral rating and issued a $9.00 price target (down from $10.00) on shares of Orion Marine Group in a report on Saturday, May 9th. Finally, Zacks raised Orion Marine Group from a sell rating to a hold rating in a research note on Wednesday, July 1st. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and a consensus price target of $11.45.

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