Orion180 Insurance Group Inc. (NASDAQ:OIG – Get Free Report) was up 4.7% on Friday. The stock traded as high as $9.58 and last traded at $9.58. 96,202 shares were traded during mid-day trading, a decline of 81% from the average session volume of 512,757 shares. The stock had previously closed at $9.15.
Analyst Ratings Changes
A number of analysts have commented on OIG shares. The Goldman Sachs Group started coverage on shares of Orion180 Insurance Group in a report on Tuesday. They set a “buy” rating and a $13.00 target price for the company. Citizens Jmp began coverage on Orion180 Insurance Group in a research note on Tuesday. They issued a “market outperform” rating and a $20.00 price target on the stock. Deutsche Bank Aktiengesellschaft started coverage on Orion180 Insurance Group in a research report on Tuesday. They issued a “buy” rating and a $12.90 price target on the stock. Royal Bank Of Canada initiated coverage on Orion180 Insurance Group in a research note on Tuesday. They set an “outperform” rating and a $15.00 price objective for the company. Finally, Zacks Research upgraded Orion180 Insurance Group to a “hold” rating in a report on Wednesday. Six investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $14.98.
View Our Latest Analysis on Orion180 Insurance Group
Orion180 Insurance Group Stock Performance
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.
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