Orion180 Insurance Group Inc. (NASDAQ:OIG) Stock Has Average Price Target of $14.00 According to Brokerages

Shares of Orion180 Insurance Group Inc. (NASDAQ:OIG) have been assigned an average rating of “Moderate Buy” from the five research firms that are covering the company, MarketBeat.com reports. One analyst has rated the stock with a hold rating and four have issued a buy rating on the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $14.00.

Several equities research analysts have recently issued reports on the company. Citigroup began coverage on Orion180 Insurance Group in a report on Tuesday. They issued a “market outperform” rating on the stock. Wall Street Zen raised Orion180 Insurance Group to a “hold” rating in a research note on Saturday, September 26th. The Goldman Sachs Group assumed coverage on Orion180 Insurance Group in a report on Tuesday. They set a “buy” rating and a $13.00 price target for the company. Raymond James Financial initiated coverage on Orion180 Insurance Group in a research note on Tuesday. They issued a “market perform” rating on the stock. Finally, Royal Bank Of Canada started coverage on Orion180 Insurance Group in a research note on Tuesday. They issued an “outperform” rating and a $15.00 price objective on the stock.

Orion180 Insurance Group Stock Performance

OIG opened at $8.95 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 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.