Admiral Group (AMIGY) Expected to Announce Earnings on Thursday

Admiral Group (OTCMKTS:AMIGY) is anticipated to post its results before the market opens on Thursday, March 5th. Analysts expect Admiral Group to post earnings of $1.42 per share and revenue of $3.5436 billion for the quarter.

Admiral Group Price Performance

AMIGY opened at $40.00 on Tuesday. Admiral Group has a 12 month low of $35.93 and a 12 month high of $52.08. The business has a 50 day simple moving average of $40.07 and a 200-day simple moving average of $43.09.

Analysts Set New Price Targets

A number of equities research analysts have commented on AMIGY shares. UBS Group downgraded Admiral Group to a “neutral” rating in a report on Wednesday, December 17th. Royal Bank Of Canada cut shares of Admiral Group from an “outperform” rating to a “sector perform” rating in a research note on Thursday, January 22nd. The Goldman Sachs Group downgraded shares of Admiral Group to a “sell” rating in a report on Wednesday, January 21st. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Admiral Group in a report on Wednesday, January 7th. Two investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Admiral Group has an average rating of “Hold”.

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.