Orion180 Insurance Group (NASDAQ:OIG) Stock Rating Raised to “Strong-Buy” at Texas Capital

Texas Capital upgraded shares of Orion180 Insurance Group (NASDAQ:OIG) to a strong-buy rating in a research note released on Tuesday,Zacks reports.

Several other brokerages also recently issued reports on OIG. Royal Bank Of Canada began coverage on shares of Orion180 Insurance Group in a report on Tuesday, October 13th. They issued an “outperform” rating and a $15.00 price target on the stock. Raymond James Financial initiated coverage on shares of Orion180 Insurance Group in a research note on Tuesday, October 13th. They set a “market perform” rating for the company. Wall Street Zen upgraded Orion180 Insurance Group to a “hold” rating in a research report on Saturday, September 26th. UBS Group began coverage on Orion180 Insurance Group in a research report on Tuesday, October 13th. They set a “buy” rating and a $14.00 price objective for the company. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on Orion180 Insurance Group in a research note on Tuesday, October 13th. They issued a “buy” rating and a $12.90 target price on the stock. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $14.98.

Orion180 Insurance Group Stock Down 0.9%

Shares of NASDAQ OIG opened at $8.93 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.