Espirito Santo Investment Bank Research upgraded shares of Amlin (LON:AML) to a buy rating in a report issued on Wednesday, AnalystRatings.NET reports. They currently have GBX 509 ($8.33) target price on the stock.
Shares of Amlin (LON:AML) opened at 425.50 on Wednesday. Amlin has a 52-week low of GBX 368.70 and a 52-week high of GBX 463.50. The stock has a 50-day moving average of GBX 433. and a 200-day moving average of GBX 409.0. The company’s market cap is £2.124 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Barclays downgraded shares of Amlin to an equal weight rating in a research note to investors on Tuesday. They now have a GBX 458 ($7.50) price target on the stock. Separately, analysts at Westhouse Securities reiterated an add rating on shares of Amlin in a research note to investors on Thursday, November 21st. Finally, analysts at HSBC downgraded shares of Amlin to an underweight rating in a research note to investors on Friday, November 15th. They now have a GBX 430 ($7.04) price target on the stock. Five analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have given a buy rating to the company’s stock. The company has an average rating of Hold and a consensus target price of GBX 432.49 ($7.08).
Amlin plc is engaged in non-life insurance and reinsurance underwriting in the Lloyd’s market, Bermuda and Continental Europe.
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