Orion180 Insurance Group (NASDAQ:OIG) Upgraded at The Goldman Sachs Group

Orion180 Insurance Group (NASDAQ:OIG) was upgraded by investment analysts at The Goldman Sachs Group to a “strong-buy” rating in a report released on Tuesday, Zacks reports.

Several other research analysts also recently issued reports on the stock. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Orion180 Insurance Group in a research report on Tuesday. They set a “buy” rating and a $12.90 price objective on the stock. Wall Street Zen raised shares of Orion180 Insurance Group to a “hold” rating in a report on Saturday, September 26th. UBS Group assumed coverage on shares of Orion180 Insurance Group in a research note on Tuesday. They set a “buy” rating and a $14.00 target price for the company. Citigroup assumed coverage on Orion180 Insurance Group in a report on Tuesday. They set a “market outperform” rating on the stock. Finally, Royal Bank Of Canada started coverage on Orion180 Insurance Group in a research report on Tuesday. They issued an “outperform” rating and a $15.00 price target on the stock. Two analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $14.98.

Orion180 Insurance Group Stock Performance

OIG 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.

Orion180 Insurance Group Company Profile

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.