Admiral Group (AMIGY) Projected to Post Earnings on Thursday

Admiral Group (OTCMKTS:AMIGY) is projected to issue its results before the market opens on Thursday, March 5th. Analysts expect the company to announce earnings of $1.42 per share and revenue of $3.5436 billion for the quarter.

Admiral Group Price Performance

AMIGY stock opened at $39.30 on Thursday. Admiral Group has a 12-month low of $35.83 and a 12-month high of $52.08. The stock’s 50 day simple moving average is $40.25 and its 200 day simple moving average is $43.26.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. UBS Group cut shares of Admiral Group to a “neutral” rating in a report on Wednesday, December 17th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Admiral Group in a research report on Wednesday, January 7th. Royal Bank Of Canada cut shares of Admiral Group from an “outperform” rating to a “sector perform” rating in a report on Thursday, January 22nd. Finally, The Goldman Sachs Group lowered Admiral Group to a “sell” rating in a report on Wednesday, January 21st. Two investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Admiral Group has an average rating of “Hold”.

About Admiral Group

Admiral Group plc is a UK-based specialist insurer founded in 1993 and headquartered in Cardiff, Wales. Since its inception, the company has focused on developing straightforward insurance products sold directly to customers, pioneering the use of online sales and multi-car policies. Admiral’s low-overhead model and emphasis on technology have helped it establish a significant presence in the personal lines insurance market.

The core offering of Admiral Group centers on motor insurance, with additional products including home insurance, travel cover and breakdown assistance.