Admiral Group (OTCMKTS:AMIGY) Raised to Buy at UBS Group

Admiral Group (OTCMKTS:AMIGY) was upgraded by analysts at UBS Group from a “neutral” rating to a “buy” rating in a research report issued to clients and investors on Tuesday, MarketBeat reports.

AMIGY has been the topic of several other research reports. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Admiral Group in a research report on Wednesday, January 7th. The Goldman Sachs Group downgraded shares of Admiral Group to a “sell” rating in a research note on Wednesday, January 21st. Finally, Royal Bank Of Canada lowered shares of Admiral Group from an “outperform” rating to a “sector perform” rating in a report on Thursday, January 22nd. Three investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Admiral Group Stock Performance

AMIGY opened at $43.11 on Tuesday. The firm’s 50-day moving average price is $39.78 and its 200-day moving average price is $42.73. Admiral Group has a 52-week low of $35.93 and a 52-week high of $52.08.

Admiral Group Company Profile

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.