RBC Capital downgraded Admiral Group (AMIGY) to Sector Perform from Outperform with a price target of 3,100 GBp, down from 3,600 GBp. The firm says signs of a cyclical turn and a return to material earnings growth are needed for the shares to outperform.
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Read More on AMIGY:
- Admiral Group downgraded to Sell from Buy at Goldman Sachs
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- Admiral Group downgraded to Neutral from Buy at UBS
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