Orion180 Insurance Group (NASDAQ:OIG) Stock Rated Moderate Buy in New Coverage at Royal Bank Of Canada

Royal Bank Of Canada initiated coverage on shares of Orion180 Insurance Group (NASDAQ:OIG - Free Report) in a research report sent to investors on Tuesday, Marketbeat.com reports. The brokerage issued a moderate buy rating and a $15.00 price objective on the stock.

OIG has been the topic of a number of other reports. Raymond James Financial started coverage on Orion180 Insurance Group in a research note on Tuesday. They issued a "market perform" rating on the stock. The Goldman Sachs Group assumed coverage on Orion180 Insurance Group in a research note on Tuesday. They set a "buy" rating and a $13.00 target price for the company. Wall Street Zen upgraded Orion180 Insurance Group to a "hold" rating in a report on Saturday, September 26th. Citigroup initiated coverage on Orion180 Insurance Group in a report on Tuesday. They issued a "market outperform" rating for the company. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on Orion180 Insurance Group in a research note on Tuesday. They issued a "buy" rating and a $12.90 price target on the stock. Six research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $14.98.

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Orion180 Insurance Group Stock Up 1.0%

Shares of OIG opened at $9.15 on Tuesday. Orion180 Insurance Group has a 12 month low of $7.78 and a 12 month high of $12.06.

Orion180 Insurance Group Company Profile

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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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