Westhouse Securities Ugrades Shares In Amlin

May 26, 2013

Westhouse Securities upgraded shares of Amlin — which maintains a major Bermuda platform — from a neutral rating to an add rating in a research report sent to investors on Wednesday [May 22]. The firm currently has a $7.22 price target on the stock, up from their previous price target of $6.99.

Amlin has been the subject of a number of other recent research reports. Analysts at Morgan Stanley raised their price target on shares of Amlin from $6.58 to $7.21 in a research note to investors on Monday. They now have an overweight rating on the stock.

Separately, analysts at Shore Capital Stockbrokers reiterated a buy rating on shares of Amlin in a research note to investors on Thursday, May 16.

Finally, analysts at Numis Securities Ltd reiterated an add rating on shares of Amlin in a research note to investors on Thursday, May 16. They now have a $7.30 price target on the stock.

Four research analysts have rated the stock with a sell rating, four have given a hold rating and six have issued a buy rating to the company. Amlin has a consensus rating of Hold and an average price target of $6.64.

Amlin plc is engaged in non-life insurance and reinsurance underwriting in the Lloyd’s market, Bermuda and Continental Europe.

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