Admiral Group plc (OTCMKTS:AMIGY – Get Free Report) shares were down 0.8% during trading on Wednesday. The stock traded as low as $48.39 and last traded at $48.73. 40,881 shares traded hands during mid-day trading, a decline of 13% from the average daily volume of 46,886 shares. The stock had previously closed at $49.10.
Wall Street Analyst Weigh In
A number of equities research analysts have issued reports on AMIGY shares. Morgan Stanley upgraded shares of Admiral Group from an “underweight” rating to an “overweight” rating in a report on Monday, September 7th. The Goldman Sachs Group upgraded Admiral Group from a “sell” rating to a “neutral” rating in a research note on Thursday, July 9th. Citigroup restated a “buy” rating on shares of Admiral Group in a research note on Friday, August 7th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Admiral Group in a report on Wednesday, August 12th. Four investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy”.
Read Our Latest Research Report on Admiral Group
Admiral Group Stock Down 0.8%
Admiral Group Company Profile
Admiral Group plc is a United Kingdom-based financial services company specializing in insurance. Founded in 1993 and headquartered in Cardiff, Wales, the group is best known for providing motor insurance to personal and commercial customers through brands including Admiral, Elephant, Diamond, and Gladiator. Its offerings include car, van, multi-car, and telematics-based insurance products.
The company has expanded beyond motor coverage into home, travel, and pet insurance, as well as vehicle financing and related services.
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