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

Shares of Admiral Group plc (OTCMKTS:AMIGY) have been given a consensus recommendation of “Moderate Buy” by the six research firms that are currently covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating on the company.

A number of analysts have recently issued reports on the stock. Citigroup reissued a “buy” rating on shares of Admiral Group in a research note on Friday, August 7th. The Goldman Sachs Group upgraded shares of Admiral Group from a “sell” rating to a “neutral” rating in a report on Thursday, July 9th. Finally, Royal Bank Of Canada reissued a “sector perform” rating on shares of Admiral Group in a research report on Wednesday, August 12th.

Admiral Group Stock Down 1.3%

Shares of Admiral Group stock opened at $54.49 on Friday. The stock’s fifty day moving average is $50.23 and its two-hundred day moving average is $46.01. Admiral Group has a 52 week low of $36.05 and a 52 week high of $56.91.

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.