Admiral Group (OTCMKTS:AMIGY) Upgraded at Royal Bank Of Canada

Admiral Group (OTCMKTS:AMIGY) was upgraded by equities researchers at Royal Bank Of Canada from a “sector perform” rating to an “outperform” rating in a report issued on Friday, Marketbeat reports.

AMIGY has been the topic of several other research reports. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Admiral Group in a research note on Wednesday, January 7th. The Goldman Sachs Group lowered shares of Admiral Group to a “sell” rating in a report on Wednesday, January 21st. Finally, UBS Group upgraded Admiral Group from a “neutral” rating to a “buy” rating in a research note on Tuesday. Four investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy”.

Admiral Group Trading Up 0.6%

OTCMKTS:AMIGY traded up $0.25 during midday trading on Friday, reaching $43.99. 26,399 shares of the stock traded hands, compared to its average volume of 58,235. The company has a fifty day moving average of $39.78 and a 200 day moving average of $42.74. Admiral Group has a 12 month low of $35.93 and a 12 month high of $52.08.

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.