Amlin plc Rating Increased to Buy at Numis Securities Ltd (AML)
Amlin plc (LON:AML) was upgraded by stock analysts at Numis Securities Ltd to a “buy” rating in a report issued on Friday. The firm currently has a GBX 525 ($8.83) price target on the stock, up from their previous price target of GBX 445 ($7.49). Numis Securities Ltd’s price target indicates a potential upside of 19.73% from the company’s current price.
A number of other firms have also recently commented on AML. Analysts at Westhouse Securities reiterated an “add” rating on shares of Amlin plc in a research note on Thursday. Finally, analysts at Oriel Securities Ltd reiterated a “hold” rating on shares of Amlin plc in a research note on Tuesday, July 22nd. They now have a GBX 400 ($6.73) price target on the stock. Seven investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of GBX 441.87 ($7.44).
Amlin plc (LON:AML) traded up 1.36% on Friday, hitting GBX 438.50. The stock had a trading volume of 1,131,184 shares. Amlin plc has a 1-year low of GBX 373.20 and a 1-year high of GBX 491.10. The stock’s 50-day moving average is GBX 468.6 and its 200-day moving average is GBX 459.0. The company’s market cap is £2.186 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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