Orion180 Insurance Group (NASDAQ:OIG) Raised to Strong-Buy at UBS Group

Orion180 Insurance Group (NASDAQ:OIG) was upgraded by equities research analysts at UBS Group to a “strong-buy” rating in a research report issued on Tuesday, Zacks reports.

Several other equities research analysts also recently commented on OIG. Raymond James Financial started coverage on Orion180 Insurance Group in a report on Tuesday. They set a “market perform” rating on the stock. Wall Street Zen upgraded Orion180 Insurance Group to a “hold” rating in a report on Saturday, September 26th. Royal Bank Of Canada started coverage on shares of Orion180 Insurance Group in a research report on Tuesday. They issued an “outperform” rating and a $15.00 price objective for the company. The Goldman Sachs Group started coverage on shares of Orion180 Insurance Group in a research report on Tuesday. They issued a “buy” rating and a $13.00 price objective for the company. Finally, Citigroup began coverage on shares of Orion180 Insurance Group in a research note on Tuesday. They set a “market outperform” rating on the stock. Two investment analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $14.98.

Orion180 Insurance Group Stock Up 1.0%

Shares of OIG 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

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.