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

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

A number of research analysts have weighed in on AMIGY shares. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Admiral Group in a research report on Wednesday, August 12th. The Goldman Sachs Group raised Admiral Group from a “sell” rating to a “neutral” rating in a research report on Thursday, July 9th. Finally, Citigroup reiterated a “buy” rating on shares of Admiral Group in a research report on Friday, August 7th.

Admiral Group Stock Performance

Shares of AMIGY opened at $54.79 on Friday. The company has a 50-day moving average of $49.29 and a two-hundred day moving average of $45.41. Admiral Group has a 12-month low of $36.05 and a 12-month high of $54.79.

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.