Reaffirmed: Amlin (LON:AML) “Market Perform” Rating Reemphasized at Bernstein; GBX 435 Target in Place


Amlin (LON:AML) Rating Reaffirmed

London: In recent note issued to investors and clients on 21 December, Bernstein has decided to reaffirm their “Market Perform” rating on Amlin (LON:AML) shares. They now have a GBX 435 target price per share on the firm. Bernstein’s target would indicate a potential downside of -34.39% from the company’s last stock close price.

From a total of 12 analysts covering Amlin PLC (LON:AML) stock, 0 rate it a ”Buy”, 0 a “Sell”, and 0 a ”Hold”. This means that NaN of the ratings are positive. The highest target price is GBX 675 while the lowest target price is GBX 255. The mean of all analyst targets is GBX 540.87 with a -12.89% below today’s (GBX 664) stock price. Amlin PLC was the topic of 19 analyst reports since August 5, 2015 according to the firm StockzIntelligence Inc. Bernstein maintained shares on December 7 with “Market Perform” rating. Barclays Capital maintained shares with “Underweight” rating and GBX 391 target share price in a report from an October 20. J.P. Morgan maintained AML stock in a recent report from November 30 with “Neutral” rating. RBC Capital Markets maintained the rating on September 14. RBC Capital Markets has a “Sector Perform” rating and a GBX 675 price target on shares. Finally, UBS maintained the stock with “Neutral” rating in a report issued on a November 16.

Approximately 99,713 shares of stock traded hands. Amlin plc (LON:AML) has risen 37.51% since May 22, 2015 and is uptrending. It has outperformed by 43.32% the S&P500.

Reaffirmed: Amlin (LON:AML)

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 3.34 billion GBP. The Company’s Amlin London segment consists of the reinsurance, property and casualty, and marine and aviation business units. It has 14.47 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.