Admiral Group plc (OTCMKTS:AMIGY – Get Rating) has been given a consensus recommendation of “Hold” by the ten research firms that are currently covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a sell recommendation, two have given a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $1,758.37.
AMIGY has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft cut their price target on Admiral Group from GBX 2,950 ($36.37) to GBX 2,630 ($32.43) in a research note on Wednesday, March 16th. Morgan Stanley cut their price target on Admiral Group from GBX 2,900 ($35.75) to GBX 2,600 ($32.06) in a research note on Tuesday, April 5th. HSBC upgraded Admiral Group from a “hold” rating to a “buy” rating in a research note on Wednesday, February 9th. Finally, Barclays upgraded Admiral Group from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, March 29th.
Admiral Group stock opened at $28.17 on Friday. The stock’s 50 day moving average is $32.70 and its 200 day moving average is $37.90. Admiral Group has a twelve month low of $26.94 and a twelve month high of $51.84.
The firm also recently announced a dividend, which will be paid on Tuesday, June 21st. Shareholders of record on Friday, May 6th will be paid a dividend of $0.5017 per share. The ex-dividend date is Thursday, May 5th. This represents a yield of 11.23%.
Admiral Group Company Profile (Get Rating)
Admiral Group plc provides car insurance products in the United Kingdom, Spain, Italy, France, India, and the United States. The company operates through UK Insurance, International Insurance, Admiral Loans, and Other segments. It underwrites car, van, household, and travel insurance, as well as offers unsecured personal and car loans, and legal services.
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Based in New York, Stephen Freeman is a Senior Editor at Trending Insurance News. Previously he has worked for Forbes and The Huffington Post. Steven is a graduate of Risk Management at the University of New York.