Zacks Investment Research upgraded shares of ORIENT O/SEAS INTL (NASDAQ:OROVY) from a hold rating to a buy rating in a report published on Wednesday, July 12th. They currently have $38.00 target price on the stock.

According to Zacks, “Orient Overseas (International) Limited through its subsidiaries operates as a provider of container transport and logistics services. Its principal business activities include container transport and logistics services, ports and terminals, and property investment. The Company also provides freight management services, extensive domestic distribution services and supply-chain management. It also operates container terminals which forms an integral part of its international containerized transportation business. Orient Overseas (International) Limited is headquartered in Wanchai, Hong Kong. “

Shares of ORIENT O/SEAS INTL (NASDAQ OROVY) opened at 47.48 on Wednesday. ORIENT O/SEAS INTL has a 1-year low of $17.56 and a 1-year high of $47.48. The stock’s market cap is $5.94 billion. The company’s 50-day moving average is $38.92 and its 200 day moving average is $28.75.

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