Analysts Reaffirm Amlin Stock Rating
Insurance group Amlin — which operates a major Bermuda platform — had its “underweight” stock rating reiterated by equities research analysts at JP Morgan Cazenove in a research note issued to investors on Wednesday [Apr. 24], AnalystRatingsNetwork.com reports. They currently have a $5.48 price target on the stock.
Several other analysts have also recently commented on the stock. Analysts at Westhouse Securities reiterated a “neutral” rating on shares of Amlin in a research note to investors on Tuesday, April 9. They now have a $6.93 price target on the stock.
Separately, analysts at Bank of America reiterated an “underperform” rating on shares of Amlin in a research note to investors on Monday, April 8th. They now have a $5.86 price target on the stock. Finally, analysts at Nomura reiterated a “neutral” rating on shares of Amlin in a research note to investors on Friday, April 5. They now have a $7.04 price target on the stock.
Four research analysts have rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $6.48.
Amlin plc is engaged in non-life insurance and reinsurance underwriting in the Lloyd’s market, Bermuda and Continental Europe.
