Amlin plc Receives Consensus Recommendation of “Hold” from Analysts (LON:AML)
Amlin plc (LON:AML) has earned a consensus recommendation of “Hold” from the twenty brokerages that are presently covering the company, American Banking News reports. Seven research analysts have rated the stock with a sell recommendation, eight have assigned a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is GBX 446.44 ($7.49).
Amlin plc (LON:AML) opened at 446.50 on Wednesday. Amlin plc has a one year low of GBX 373.20 and a one year high of GBX 491.10. The stock’s 50-day moving average is GBX 466.9 and its 200-day moving average is GBX 459.7. The company’s market cap is £2.226 billion.
A number of research firms have recently commented on AML. Analysts at Numis Securities Ltd upgraded shares of Amlin plc to a “buy” rating in a research note on Friday, August 8th. They now have a GBX 525 ($8.81) price target on the stock, up previously from GBX 445 ($7.47). Separately, analysts at Westhouse Securities reiterated an “add” rating on shares of Amlin plc in a research note on Thursday, August 7th. They now have a GBX 515 ($8.64) price target on the stock. Finally, analysts at Westhouse Securities reiterated an “add” rating on shares of Amlin plc in a research note on Thursday, July 24th.
Amlin plc is engaged in non-life insurance and reinsurance underwriting in the Lloyd’s market, Bermuda and Continental Europe.
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