Admiral Group plc (OTCMKTS:AMIGY) Given Average Rating of “Moderate Buy” by Brokerages

Admiral Group plc (OTCMKTS:AMIGY) has been assigned a consensus recommendation of “Moderate Buy” from the seven analysts that are presently covering the firm, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company.

Several equities analysts recently commented on the company. The Goldman Sachs Group upgraded Admiral Group from a “sell” rating to a “neutral” rating in a research note on Thursday, July 9th. Morgan Stanley upgraded Admiral Group from an “underweight” rating to an “overweight” rating in a report on Monday, September 7th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Admiral Group in a research note on Wednesday, August 12th. Finally, Citigroup reiterated a “buy” rating on shares of Admiral Group in a report on Friday, August 7th.

Admiral Group Price Performance

Shares of Admiral Group stock opened at $50.24 on Wednesday. Admiral Group has a fifty-two week low of $36.05 and a fifty-two week high of $56.91. The business’s fifty day moving average is $51.71 and its two-hundred day moving average is $47.66.

About Admiral Group

Admiral Group plc is a United Kingdom-based financial services company specializing in insurance. Founded in 1993 and headquartered in Cardiff, Wales, the group is best known for providing motor insurance to personal and commercial customers through brands including Admiral, Elephant, Diamond, and Gladiator. Its offerings include car, van, multi-car, and telematics-based insurance products.

The company has expanded beyond motor coverage into home, travel, and pet insurance, as well as vehicle financing and related services.