Shares of Orion180 Insurance Group Inc. (NASDAQ:OIG – Get Free Report) rose 4.7% during trading on Friday. The stock traded as high as $9.58 and last traded at $9.58. Approximately 96,202 shares were traded during trading, a decline of 81% from the average daily volume of 512,757 shares. The stock had previously closed at $9.15.
Analysts Set New Price Targets
Several research analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft began coverage on shares of Orion180 Insurance Group in a report on Tuesday. They issued a “buy” rating and a $12.90 price target for the company. Citigroup assumed coverage on shares of Orion180 Insurance Group in a report on Tuesday. They set a “market outperform” rating on the stock. Raymond James Financial initiated coverage on shares of Orion180 Insurance Group in a research report on Tuesday. They issued a “market perform” rating on the stock. UBS Group started 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. Finally, Wall Street Zen upgraded Orion180 Insurance Group to a “hold” rating in a report on Saturday, September 26th. Six analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $14.98.
View Our Latest Stock Report on Orion180 Insurance Group
Orion180 Insurance Group Price Performance
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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