Admiral Group plc (OTCMKTS:AMIGY) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Admiral Group plc (OTCMKTS:AMIGY) have been assigned a consensus recommendation of “Moderate Buy” from the six ratings firms that are currently covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company.

AMIGY has been the topic of several research analyst reports. Citigroup raised Admiral Group to a “buy” rating in a research note on Tuesday, July 28th. Royal Bank Of Canada downgraded Admiral Group from a “sector perform” rating to a “sector perform” rating in a research note on Friday, June 19th. Finally, The Goldman Sachs Group raised Admiral Group from a “sell” rating to a “neutral” rating in a report on Thursday, July 9th.

Admiral Group Stock Up 1.0%

Shares of Admiral Group stock opened at $51.42 on Tuesday. Admiral Group has a 12-month low of $36.05 and a 12-month high of $52.08. The company has a 50-day moving average of $47.37 and a two-hundred day moving average of $44.15.

Admiral Group Company Profile

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.