Orion180 Insurance Group (NASDAQ:OIG) Upgraded to “Hold” at Zacks Research

Orion180 Insurance Group (NASDAQ:OIG) was upgraded by analysts at Zacks Research to a “hold” rating in a research note issued on Wednesday, Zacks reports.

A number of other equities analysts have also recently commented on OIG. The Goldman Sachs Group assumed coverage on Orion180 Insurance Group in a report on Tuesday. They set a “buy” rating and a $13.00 target price for the company. Citizens Jmp assumed coverage on shares of Orion180 Insurance Group in a research note on Tuesday. They set a “market outperform” rating and a $20.00 price target on the stock. Royal Bank Of Canada began coverage on shares of Orion180 Insurance Group in a research note on Tuesday. They set an “outperform” rating and a $15.00 price target on the stock. UBS Group began coverage on shares of Orion180 Insurance Group in a research report on Tuesday. They set a “buy” rating and a $14.00 price target on the stock. Finally, Citigroup started coverage on shares of Orion180 Insurance Group in a research note on Tuesday. They issued a “market outperform” rating for the company. Six investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $14.98.

Orion180 Insurance Group Stock Up 1.0%

Shares of NASDAQ OIG opened at $9.15 on Wednesday. Orion180 Insurance Group has a twelve month low of $7.78 and a twelve month 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.