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

Orion180 Insurance Group Inc. (NASDAQ:OIG) has been given an average recommendation of “Moderate Buy” by the five brokerages that are currently covering the company, Marketbeat reports. One analyst has rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12 month price target among brokerages that have covered the stock in the last year is $14.00.

A number of research firms have recently weighed in on OIG. Citigroup initiated coverage on Orion180 Insurance Group in a research note on Tuesday. They issued a “market outperform” rating for the company. Raymond James Financial initiated coverage on Orion180 Insurance Group in a research note on Tuesday. They set a “market perform” rating on the stock. Royal Bank Of Canada assumed coverage on Orion180 Insurance Group in a research note on Tuesday. They set an “outperform” rating and a $15.00 target price on the stock. UBS Group initiated coverage on Orion180 Insurance Group in a report on Tuesday. They issued a “buy” rating and a $14.00 price target on the stock. Finally, Wall Street Zen upgraded Orion180 Insurance Group to a “hold” rating in a research note on Saturday, September 26th.

Orion180 Insurance Group Stock Up 1.2%

Shares of OIG stock 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.

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.