Orrstown Financial gets 'outperform' rating as Raymond James starts coverage

Orrstown Financial Services

10/04/2025 11:44

** Raymond James initiates coverage of community bank Orrstown Financial ORRF.O with an "outperform" rating

** Brokerage is bullish on ORRF's long-term prospects, as it believes the bank can produce stronger balance sheet growth and superior profitability

** Says ORRF has a long history of impressive loan growth despite being a relatively small commercial bank

 ** Raymond James has $35 PT on ORRF, a 28.2% upside to stock's last close

** ORRF shares offer an attractive investment opportunity with stock trading at a discount to peers - brokerage

** Three of four brokerages rate the stock "buy" or higher and one "hold"; median PT is $39 - data compiled by LSEG

** As of last close, ORRF stock down 25% YTD

(Reporting by Arasu Kannagi Basil in Bengaluru)

((ArasuKannagi.Basil@thomsonreuters.com;))