Admiral Group (OTCMKTS:AMIGY) Stock Price Up 0.5% – Still a Buy?

Admiral Group plc (OTCMKTS:AMIGY) rose 0.5% on Friday . The stock traded as high as $45.2799 and last traded at $44.6450. Approximately 38,775 shares were traded during trading, a decline of 43% from the average daily volume of 67,630 shares. The stock had previously closed at $44.44.

Analyst Upgrades and Downgrades

AMIGY has been the topic of several research reports. Royal Bank Of Canada upgraded Admiral Group from a “sector perform” rating to an “outperform” rating in a research report on Friday, March 13th. UBS Group upgraded Admiral Group from a “neutral” rating to a “buy” rating in a research report on Tuesday, March 10th. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Admiral Group currently has a consensus rating of “Moderate Buy”.

Admiral Group Stock Performance

The company has a 50-day moving average of $45.13 and a two-hundred day moving average of $42.56.

About Admiral Group

Admiral Group plc is a UK-based specialist insurer founded in 1993 and headquartered in Cardiff, Wales. Since its inception, the company has focused on developing straightforward insurance products sold directly to customers, pioneering the use of online sales and multi-car policies. Admiral’s low-overhead model and emphasis on technology have helped it establish a significant presence in the personal lines insurance market.

The core offering of Admiral Group centers on motor insurance, with additional products including home insurance, travel cover and breakdown assistance.