Orion180 Insurance Group (NASDAQ:OIG) Stock Rating Raised to “Moderate Buy” at Royal Bank Of Canada

Orion180 Insurance Group (NASDAQ:OIG) was upgraded by equities research analysts at Royal Bank Of Canada to a “moderate buy” rating in a research note issued to investors on Tuesday, Zacks reports.

OIG has been the subject of a number of other research reports. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Orion180 Insurance Group in a research report on Tuesday. They issued a “buy” rating and a $12.90 price objective for the company. The Goldman Sachs Group assumed coverage on shares of Orion180 Insurance Group in a research report on Tuesday. They set a “buy” rating and a $13.00 target price on the stock. Raymond James Financial started coverage on shares of Orion180 Insurance Group in a research note on Tuesday. They issued a “market perform” rating for the company. Citigroup started coverage on Orion180 Insurance Group in a report on Tuesday. They issued a “market outperform” rating for the company. Finally, Citizens Jmp assumed coverage on Orion180 Insurance Group in a research note on Tuesday. They set a “market outperform” rating and a $20.00 price target on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $14.98.

Orion180 Insurance Group Trading Up 1.0%

Orion180 Insurance Group stock opened at $9.04 on Tuesday. Orion180 Insurance Group has a 12-month low of $7.78 and a 12-month high of $12.06.

About Orion180 Insurance Group

Orion180 Insurance Group, Inc is a technology-enabled property and casualty insurance company focused primarily on residential property coverage. Through its insurance subsidiaries, the company provides products designed to protect homeowners and other residential property owners against covered property damage and related risks.

The company uses proprietary technology and data-driven underwriting tools to support policy distribution, risk assessment, claims management and customer service.