Jefferies Financial Group started coverage on shares of Orion ( NYSE:OEC – Get Free Report ) in a research note issued to investors on Friday, Zacks reports. The brokerage set a “strong-buy” rating on the specialty chemicals company’s stock.
A number of other research firms have also weighed in on OEC. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Orion in a research report on Thursday, October 15th. UBS Group cut their price target on shares of Orion from $8.00 to $6.50 and set a “neutral” rating on the stock in a research note on Monday, October 5th. Wall Street Zen raised shares of Orion from a “sell” rating to a “hold” rating in a research report on Sunday, August 9th. Finally, Zacks Research raised Orion from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 4th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Reduce” and a consensus price target of $5.58.
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Orion Trading Down 5.2%
Shares of OEC traded down $0.21 during midday trading on Friday, reaching...