Nomura Reaffirms Neutral Rating on Amlin (AML)
Amlin (LON: AML)‘s stock had its “neutral” rating restated by equities researchers at Nomura in a report issued on Thursday. They currently have a $6.85 (425 GBX) target price on the stock.
Shares of Amlin opened at 389.40 on Thursday. Amlin has a one year low of GBX 307.80 and a one year high of GBX 408.30. The stock’s 50-day moving average is currently GBX 395.2. The company’s market cap is £1.927 billion.
A number of other analysts have also recently weighed in on AML. Analysts at JPMorgan Chase reiterated an “underweight” rating on shares of Amlin in a research note to investors on Thursday, December 20th. They now have a $5.85 price target on the stock.
Amlin plc is engaged in non-life insurance and reinsurance underwriting in the Lloyd’s market, Bermuda and Continental Europe.
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