Nomura Reaffirms Neutral Rating for Amlin plc (AML)
Amlin plc (LON:AML)‘s stock had its “neutral” rating reissued by stock analysts at Nomura in a report issued on Monday. They currently have a GBX 442 ($7.39) price target on the stock. Nomura’s price objective indicates a potential downside of 1.21% from the stock’s previous close.
Amlin plc (LON:AML) opened at 444.60 on Monday. 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 465.1 and its 200-day moving average is GBX 459.7. The company’s market cap is £2.217 billion.
Other equities research analysts have also recently issued reports about the stock. 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. Separately, analysts at Oriel Securities Ltd reiterated a “hold” rating on shares of Amlin plc in a research note on Monday. Finally, 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. Seven research analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus 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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