Amlin plc Earns “Sell” Rating from Berenberg Bank (AML)
Amlin plc (LON:AML)‘s stock had its “sell” rating restated by research analysts at Berenberg Bank in a report released on Monday. They currently have a GBX 434 ($7.26) target price on the stock. Berenberg Bank’s price objective would suggest a potential downside of 3.00% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Nomura reiterated a “neutral” rating on shares of Amlin plc in a research note on Monday. They now have a GBX 442 ($7.39) price target on the stock. Separately, analysts at RBC Capital reiterated an “underperform” rating on shares of Amlin plc in a research note on Monday. They now have a GBX 420 ($7.02) price target on the stock. Finally, analysts at Oriel Securities Ltd reiterated a “hold” rating on shares of Amlin plc in a research note on Monday. Seven analysts have rated the stock with a sell rating, eight have issued a hold rating and five have assigned a buy rating to the company. Amlin plc has an average rating of “Hold” and a consensus target price of GBX 450.87 ($7.54).
Shares of Amlin plc (LON:AML) opened at 445.00 on Monday. Amlin plc has a 52 week low of GBX 373.20 and a 52 week high of GBX 491.10. The stock has a 50-day moving average of GBX 465.1 and a 200-day moving average of GBX 459.7. The company’s market cap is £2.219 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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