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

Shares of Admiral Group plc (OTCMKTS:AMIGY) have been assigned a consensus rating of “Moderate Buy” from the six brokerages that are presently covering the company, Marketbeat Ratings 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 firms recently commented on AMIGY. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Admiral Group in a research report on Wednesday, August 12th. Citigroup reaffirmed a “buy” rating on shares of Admiral Group in a research note on Friday, August 7th. Finally, The Goldman Sachs Group upgraded shares of Admiral Group from a “sell” rating to a “neutral” rating in a report on Thursday, July 9th.

Admiral Group Stock Performance

Shares of OTCMKTS:AMIGY opened at $56.90 on Friday. Admiral Group has a 52-week low of $36.05 and a 52-week high of $56.91. The stock’s fifty day simple moving average is $49.84 and its 200-day simple moving average is $45.83.

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.