Amlin plc Given “Add” Rating at Westhouse Securities (AML)
Amlin plc (LON:AML)‘s stock had its “add” rating reissued by investment analysts at Westhouse Securities in a note issued to investors on Monday. They currently have a GBX 515 ($8.61) price target on the stock. Westhouse Securities’ target price indicates a potential upside of 15.11% from the stock’s previous close.
Shares of Amlin plc (LON:AML) traded up 0.16% during mid-day trading on Monday, hitting GBX 448.10. 823,582 shares of the company’s stock traded hands. Amlin plc has a 1-year low of GBX 373.20 and a 1-year 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 £2.234 billion.
AML has been the subject of a number of other recent research reports. 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 ($8.78) price target on the stock, up previously from GBX 445 ($7.44). Separately, 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 ($6.69) price target on the stock. Seven research analysts have rated the stock with a sell rating, eight have given a hold rating and five have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of GBX 450.87 ($7.54).
Amlin plc is engaged in non-life insurance and reinsurance underwriting in the Lloyd’s market, Bermuda and Continental Europe.
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