Orion180 Insurance Group Inc. (NASDAQ:OIG – Get Free Report) has received a consensus rating of “Moderate Buy” from the eight research firms that are currently covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $14.98.
Several brokerages have recently weighed in on OIG. Raymond James Financial assumed coverage on shares of Orion180 Insurance Group in a research note on Tuesday. They set a “market perform” rating on the stock. UBS Group began coverage on Orion180 Insurance Group in a research note on Tuesday. They issued a “buy” rating and a $14.00 price objective for the company. The Goldman Sachs Group started coverage on Orion180 Insurance Group in a report on Tuesday. They issued a “buy” rating and a $13.00 target price on the stock. Royal Bank Of Canada initiated coverage on Orion180 Insurance Group in a research report on Tuesday. They set an “outperform” rating and a $15.00 target price on the stock. Finally, Citizens Jmp began coverage on Orion180 Insurance Group in a report on Tuesday, October 13th. They set a “market outperform” rating and a $20.00 price target for the company.
Read Our Latest Research Report on Orion180 Insurance Group
Orion180 Insurance Group Stock Up 4.7%
Shares of OIG stock opened at $9.58 on Tuesday. Orion180 Insurance Group has a 12 month low of $7.78 and a 12 month high of $12.06.
Orion180 Insurance Group Company Profile
Orion180 Insurance Group, Inc is an insurance holding company focused on personal property and casualty insurance. Through its affiliated insurance carriers and distribution businesses, the company provides coverage designed primarily for homeowners and other residential property owners.
The company uses a technology-driven platform to support insurance quoting, underwriting, policy administration, claims management, and customer service. Its product offerings have included homeowners insurance and related personal-lines coverage, with an emphasis on serving customers in markets exposed to severe weather and other property risks.
Orion180 was founded in 2016 and is headquartered in Melbourne, Florida.
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