Numis Securities Ltd Reiterates “Hold” Rating for Amlin plc (AML)
Amlin plc (LON:AML)‘s stock had its “hold” rating reaffirmed by stock analysts at Numis Securities Ltd in a report issued on Monday. They currently have a GBX 445 ($7.63) price objective on the stock. Numis Securities Ltd’s target price would indicate a potential downside of 7.27% from the company’s current price.
AML has been the subject of a number of other recent research reports. Analysts at Westhouse Securities reiterated an “add” rating on shares of Amlin plc in a research note on Monday. They now have a GBX 500 ($8.58) price target on the stock. Separately, analysts at Nomura reiterated a “neutral” rating on shares of Amlin plc in a research note on Thursday. They now have a GBX 442 ($7.58) price target on the stock. Seven investment analysts have rated the stock with a sell rating, nine have issued a hold rating and four have assigned a buy rating to the company. Amlin plc currently has a consensus rating of “Hold” and an average target price of GBX 440.50 ($7.56).
Amlin plc (LON:AML) opened at 481.68 on Monday. Amlin plc has a 52 week low of GBX 373.20 and a 52 week high of GBX 490.80. The stock has a 50-day moving average of GBX 471.2 and a 200-day moving average of GBX 454.9. The company’s market cap is £2.402 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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