Admiral Group (OTCMKTS:AMIGY) Shares Up 0.5% – What’s Next?

Admiral Group plc (OTCMKTS:AMIGY) rose 0.5% on Friday . The company traded as high as $45.2799 and last traded at $44.6450. 38,775 shares traded hands 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

Several research firms recently weighed in on AMIGY. Royal Bank Of Canada upgraded Admiral Group from a “sector perform” rating to an “outperform” rating in a research note on Friday, March 13th. UBS Group raised Admiral Group from a “neutral” rating to a “buy” rating in a report on Tuesday, March 10th. Four equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Admiral Group Stock Up 0.5%

The firm’s 50 day moving average price is $45.13 and its 200-day moving average price is $42.56.

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.