Amlin plc’s Underperform Rating Reaffirmed at RBC Capital (AML)
Amlin plc (LON:AML)‘s stock had its “underperform” rating reaffirmed by research analysts at RBC Capital in a research note issued to investors on Monday. They currently have a GBX 420 ($7.02) price objective on the stock. RBC Capital’s target price indicates a potential downside of 6.12% from the stock’s previous close.
Amlin plc (LON:AML) opened at 444.50 on Monday. Amlin plc has a 52-week low of GBX 373.20 and a 52-week high of GBX 491.10. The stock’s 50-day moving average is GBX 465.1 and its 200-day moving average is GBX 459.7. The company’s market cap is £2.216 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Oriel Securities Ltd reiterated a “hold” rating on shares of Amlin plc in a research note on Monday. Separately, analysts at Westhouse Securities reiterated an “add” rating on shares of Amlin plc in a research note on Monday. They now have a GBX 515 ($8.61) price target on the stock. Finally, 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). Seven equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and five have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target 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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