Orion180 Insurance Group Inc. (OIG) – What Are Investment Firms Thinking About This Stock?

Shares of Orion180 Insurance Group Inc. (NASDAQ:OIG) have earned a consensus rating of “Moderate Buy” from the eight ratings firms that are currently covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $14.98.

A number of analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Orion180 Insurance Group in a research note on Tuesday, October 13th. They issued a “buy” rating and a $12.90 price target for the company. Citizens Jmp started coverage on shares of Orion180 Insurance Group in a research note on Tuesday, October 13th. They set a “market outperform” rating and a $20.00 price objective on the stock. Citigroup assumed coverage on shares of Orion180 Insurance Group in a report on Tuesday, October 13th. They set a “market outperform” rating for the company. Zacks Research raised shares of Orion180 Insurance Group to a “hold” rating in a research report on Wednesday, October 14th. Finally, The Goldman Sachs Group started coverage on shares of Orion180 Insurance Group in a research report on Tuesday, October 13th. They issued a “buy” rating and a $13.00 target price for the company.

Orion180 Insurance Group Trading Up 2.7%

Orion180 Insurance Group stock opened at $9.84 on Tuesday. Orion180 Insurance Group has a 52 week low of $7.78 and a 52 week 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.