Orion Group Holdings (ORN) Receives a Buy from Noble Financial

By Carrie Williams

Noble Financial analyst Poe Fratt maintained a Buy rating on Orion Group Holdings (ORNResearch Report) yesterday and set a price target of $7.10. The company’s shares closed last Monday at $4.37.

According to TipRanks.com, Fratt is ranked #2259 out of 5552 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Orion Group Holdings with a $6.65 average price target.

See today’s analyst top recommended stocks >>

Based on Orion Group Holdings’ latest earnings release for the quarter ending June 30, the company reported a quarterly GAAP net loss of $1.63 million. In comparison, last year the company had a net profit of $2.25 million.

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.

Orion Group Holdings, Inc. engages in the provision of specialty construction services in the building, industrial, and infrastructure sectors. It operates through the Marine and Concrete segments.