Orrstown Financial Services Inc – Consensus Indicates Potential 6.2% Upside

Broker Ratings

Orrstown Financial Services Inc found using ticker (ORRF) now have 4 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 22 and 20 calculating the mean target price we have 21. With the stocks previous close at 19.77 this indicates there is a potential upside of 6.2%. There is a 50 day moving average of 18.71 and the 200 moving average now moves to 15.97. The market capitalisation for the company is $224m. Visit the company website at: http://www.orrstown.com

Orrstown Financial Services operates as the holding company for Orrstown Bank that provides commercial banking and trust services in the United States. The company accepts various deposits, including checking, savings, time, demand, and money market deposits. It also offers commercial loans, such as commercial real estate, equipment, working capital, construction, and other commercial purpose loans, as well as industrial loans; consumer loans comprising home equity and other consumer loans, as well as home equity lines of credit; residential mortgage loans; agribusiness loans; acquisition and development loans; municipal loans; and installment and other loans. In addition, the company provides renders services as trustee, executor, administrator, guardian, managing agent, custodian, and investment advisor, as well as provides other fiduciary services under the Orrstown Financial Advisors and Wheatland name; and offers retail brokerage services through a third-party broker/dealer arrangement. Further, it offers investment advisory services through an office in Lancaster County, Pennsylvania. As of April 21, 2020, it had offices in Berks, Cumberland, Dauphin, Franklin, Lancaster, Perry, and York counties, Pennsylvania; and Anne Arundel, Baltimore, Howard, and Washington counties, Maryland, as well as Baltimore City, Maryland. Orrstown Financial Services was founded in 1919 and is headquartered in Shippensburg, Pennsylvania.

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