Admiral Group (OTCMKTS:AMIGY) Raised to Outperform at Royal Bank Of Canada

Admiral Group (OTCMKTS:AMIGY) was upgraded by investment analysts at Royal Bank Of Canada from a “sector perform” rating to an “outperform” rating in a research note issued to investors on Friday, Marketbeat reports.

Several other equities research analysts also recently weighed in on the stock. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Admiral Group in a research note on Wednesday, January 7th. The Goldman Sachs Group lowered shares of Admiral Group to a “sell” rating in a research report on Wednesday, January 21st. Finally, UBS Group raised shares of Admiral Group from a “neutral” rating to a “buy” rating in a research note on Tuesday. Four investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy”.

Admiral Group Stock Performance

Shares of OTCMKTS AMIGY traded up $0.25 during trading hours on Friday, hitting $43.99. 26,399 shares of the company traded hands, compared to its average volume of 58,235. The company’s 50 day moving average price is $39.78 and its 200 day moving average price is $42.74. Admiral Group has a 12 month low of $35.93 and a 12 month 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.