Orion180 Insurance Group (NASDAQ:OIG) Stock Moved Up to “Strong-Buy” by The Goldman Sachs Group

The Goldman Sachs Group upgraded shares of Orion180 Insurance Group (NASDAQ:OIG – Free Report) to a strong-buy rating in a report released on Tuesday morning,Zacks reports.

OIG has been the subject of several other reports. Raymond James Financial started coverage on shares of Orion180 Insurance Group in a report on Tuesday. They set a “market perform” rating for the company. Wall Street Zen raised Orion180 Insurance Group to a “hold” rating in a research report on Saturday, September 26th. Citizens Jmp initiated coverage on shares of Orion180 Insurance Group in a report on Tuesday. They issued a “market outperform” rating and a $20.00 target price on the stock. Citigroup began coverage on Orion180 Insurance Group in a research note on Tuesday. They set a “market outperform” rating for the company. Finally, Royal Bank Of Canada initiated coverage on shares of Orion180 Insurance Group in a research report on Tuesday. They set an “outperform” rating and a $15.00 price objective for the company. Two investment analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $14.98.

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Orion180 Insurance Group Stock Performance

Shares of Orion180 Insurance Group 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.

About Orion180 Insurance Group

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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.

Further Reading

Analyst Recommendations for Orion180 Insurance Group (NASDAQ:OIG)

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