JP Morgan Cazenove Ups Amlin Target Price
Amlin plc — which maintains a major Bermuda platform — had its target price boosted by JP Morgan Cazenove from $5.47 to $6.07 in a report issued Thursday [May 30].
They currently have an underweight rating on the stock.
A number of other analysts have also recently weighed in on Amlin. Analysts at Westhouse Securities upgraded shares of Amlin from a neutral rating to an add rating in a research note to investors on Wednesday, May 22. They now have a $7.14 price target on the stock, up previously from $6.91.
Separately, analysts at Morgan Stanley raised their price target on shares of Amlin from $6.50 to $7.12 in a research note to investors on Monday, May 20. They now have an overweight rating on the stock.
Finally, analysts at Shore Capital Stockbrokers reiterated a buy rating on shares of Amlin in a research note to investors on Thursday, May 16.
Four research analysts have rated the stock with a sell rating, four have issued a hold rating and six have assigned a buy rating to the stock. The company has an average rating of Hold and a consensus price target of $6.61.
Amlin plc is engaged in non-life insurance and reinsurance underwriting in the Lloyd’s market, Bermuda and Continental Europe.
