B.Riley FBR analyst Alex Rygiel reiterated a Buy rating on Orion Group Holdings (ORN) today and set a price target of $4.00. The company’s shares closed last Wednesday at $2.29.
According to TipRanks.com, Rygiel is a 1-star analyst with an average return of -2.7% and a 44.8% success rate. Rygiel covers the Services sector, focusing on stocks such as Select Interior Concepts, Granite Construction, and Bluelinx Holdings.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Orion Group Holdings with a $5.70 average price target.
See today’s analyst top recommended stocks >>
The company has a one-year high of $5.99 and a one-year low of $1.53. Currently, Orion Group Holdings has an average volume of 138.4K.
Based on the recent corporate insider activity of 25 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of ORN in relation to earlier this year.
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. The Marine segment includes the restoration, maintenance, dredging, and repair of marine transportation facilities; pipelines, bridges, and causeways; and environmental structures. The Concrete segment involves cement pouring for products such as columns, elevated beams, sidewalks, ramps, and tilt walls. The company was founded in 1994 and is headquartered in Houston, TX.
