Amlin PLC (LON:AML) Rating Reaffirmed
They currently have a GBX 670.00 target on Amlin PLC (LON:AML). The target price by JP Morgan Cazenove would suggest a potential upside of 1.77% from the company’s stock price. This has been revealed to investors in analysts note on 30 November.
From a total of 8 analysts covering Amlin PLC (LON:AML) stock, 0 rate it a ”Buy”, 2 a “Sell”, and 6 a ”Hold”. This means that 0 of the ratings are positive. The highest target price is GBX 675 while the lowest target price is GBX 391. The mean of all analyst targets is GBX 531.13 with a -19.32% below today’s (GBX 658.32) stock price. Amlin PLC was the topic of 15 analyst reports since August 5, 2015 according to the firm StockzIntelligence Inc. Bernstein maintained shares on November 23 with “Market Perform” rating. Credit Suisse maintained shares with “Underperform” rating and GBX 670 target share price in a report from a September 9. Barclays Capital maintained AML stock in a recent report from October 20 with “Underweight” rating. Canaccord Genuity maintained the rating on August 24. Canaccord Genuity has a “Hold” rating and a GBX 450 price target on shares. Finally, RBC Capital Markets maintained the stock with “Sector Perform” rating in a report issued on a September 14.
The stock increased 0.13% or GBX 0.82 on November 27, striking GBX 658.32. Approximately shares of stock traded hands. Amlin plc (LON:AML) has risen 44.53% since May 1, 2015 and is uptrending. It has outperformed by 45.43% the S&P500.
Amlin plc is a United Kingdom-based independent insurer specializing in providing insurance cover to commercial enterprises and reinsurance protection to other insurance companies across the world. The company has a market cap of 3.31 billion GBP. The Company’s Amlin London segment consists of the reinsurance, property and casualty, and marine and aviation business units. It has 14.35 P/E ratio. The Company’s Amlin UK segment is engaged in underwriting commercial insurance in the United Kingdom domestic market, through Amlin Insurance Limited.