Admiral Group (OTCMKTS:AMIGY) Upgraded by UBS Group to “Buy” Rating

Admiral Group (OTCMKTS:AMIGY) was upgraded by analysts at UBS Group from a “neutral” rating to a “buy” rating in a research report issued to clients and investors on Tuesday.

Other analysts have also issued research reports about the stock. The Goldman Sachs Group lowered shares of Admiral Group to a “sell” rating in a research report on Wednesday, January 21st. Royal Bank Of Canada lowered shares of Admiral Group from an “outperform” rating to a “sector perform” rating in a report on Thursday, January 22nd. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Admiral Group in a report on Wednesday, January 7th. Three equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold”.

Admiral Group Trading Up 2.3%

Shares of AMIGY stock opened at $42.85 on Tuesday. Admiral Group has a one year low of $35.93 and a one year high of $52.08. The business’s 50 day simple moving average is $39.81 and its 200 day simple moving average is $42.78.

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.