Canaccord Genuity Releases a Hold Rating on Orion Group Holdings

By Jason Carr

In a report released yesterday, Robert Burleson from Canaccord Genuity reiterated a Hold rating on Orion Group Holdings (NYSE: ORN), with a price target of $9. The company’s shares opened today at $9.21.

According to TipRanks.com, Burleson is a 5-star analyst with an average return of 9.4% and a 55.4% success rate. Burleson covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Integrated Device Tech, and Mitel Networks Corp.

Orion Group Holdings has an analyst consensus of Hold, with a price target consensus of $9.

The company has a one year high of $11.11 and a one year low of $4.25. Currently, Orion Group Holdings has an average volume of 195.3K.

Based on the recent corporate insider activity of 9 insiders, corporate insider sentiment is neutral on the stock. Most recently, in December 2015, Mark Stauffer, the CEO of ORN bought 1,750 shares for a total of $6,555.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.