Admiral Group plc (OTCMKTS:AMIGY) Given Consensus Recommendation of “Moderate Buy” by Analysts

Admiral Group plc (OTCMKTS:AMIGY) has been given an average rating of “Moderate Buy” by the six brokerages that are presently covering the company, Marketbeat reports. Two research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company.

Several analysts recently issued reports on AMIGY shares. Royal Bank Of Canada lowered Admiral Group from a “sector perform” rating to a “sector perform” rating in a report on Friday, June 19th. 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 raised Admiral Group to a “buy” rating in a report on Tuesday.

Admiral Group Stock Performance

Admiral Group stock opened at $47.89 on Tuesday. The firm has a 50-day moving average of $46.96 and a 200-day moving average of $43.82. Admiral Group has a one year low of $36.05 and a one year 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.