Boenning & Scattergood Keeps a Buy Rating on Orrstown Financial Services Inc (ORRF)


In a report released today, Scott Beury from Boenning & Scattergood reiterated a Buy rating on Orrstown Financial Services Inc (ORRF). The company’s shares opened today at $21.53.

According to TipRanks.com, Beury is a 3-star analyst with an average return of 2.4% and a 52.3% success rate. Beury covers the Financial sector, focusing on stocks such as Farmers & Merchants Bancorp, Inc., Citizens Financial Services Inc, and Farmers National Banc Corp Oh.

Currently, the analyst consensus on Orrstown Financial Services Inc is a Moderate Buy with an average price target of $25.

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Orrstown Financial Services Inc’s market cap is currently $243.7M and has a P/E ratio of 18.06. The company has a Price to Book ratio of 1.15.

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Orrstown Financial Services, Inc. operates as holding company, which engages in the provision of consumer and business financial services. It also offers commercial banking and trust business services which involves accepting demand, time and savings deposits, and granting loans.

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