Orion180 Insurance Group (NASDAQ:OIG – Get Free Report) was upgraded by Zacks Research to a “hold” rating in a research report issued on Wednesday, Zacks reports.
Several other equities research analysts also recently issued reports on the stock. Citigroup began coverage on shares of Orion180 Insurance Group in a research report on Tuesday. They set a “market outperform” rating for the company. Wall Street Zen raised shares of Orion180 Insurance Group to a “hold” rating in a research report on Saturday, September 26th. Raymond James Financial began coverage on shares of Orion180 Insurance Group in a research report on Tuesday. They issued a “market perform” rating on the stock. Citizens Jmp initiated coverage on shares of Orion180 Insurance Group in a research note on Tuesday. They issued a “market outperform” rating and a $20.00 target price for the company. Finally, UBS Group began coverage on shares of Orion180 Insurance Group in a research note on Tuesday. They issued a “buy” rating and a $14.00 target price for the company. Six investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $14.98.
Orion180 Insurance Group Stock Up 1.0%
Shares of OIG opened at $9.15 on Wednesday. Orion180 Insurance Group has a twelve month low of $7.78 and a twelve month high of $12.06.
About Orion180 Insurance Group
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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