Amlin Stock Rating Reaffirmed by Deutsche Bank (AML)
Amlin (LON:AML)‘s stock had its “hold” rating restated by research analysts at Deutsche Bank in a report released on Friday, Analyst Ratings Net reports. They currently have a GBX 456 ($7.32) target price on the stock. Deutsche Bank’s target price would indicate a potential upside of 12.54% from the stock’s previous close.
A number of other analysts have also recently weighed in on AML. Analysts at Westhouse Securities reiterated an “add” rating on shares of Amlin in a research note to investors on Tuesday. Separately, analysts at Bank of America Corp. reiterated an “underperform” rating on shares of Amlin in a research note to investors on Monday, September 30th. Finally, analysts at Canaccord Genuity downgraded shares of Amlin from a “buy” rating to a “hold” rating in a research note to investors on Friday, September 27th. They now have a GBX 420 ($6.74) price target on the stock. Four equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of GBX 421.24 ($6.76).
Shares of Amlin (LON:AML) opened at 404.50 on Friday. Amlin has a one year low of GBX 361.20 and a one year high of GBX 444.80. The stock’s 50-day moving average is GBX 394.2 and its 200-day moving average is GBX 409.0. The company’s market cap is £2.019 billion.
Amlin plc is engaged in non-life insurance and reinsurance underwriting in the Lloyd’s market, Bermuda and Continental Europe.
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