Morgan Stanley upgraded Admiral Group (AMIGY) to Equal Weight from Underweight with a price target of 3,300 GBp, up from 2,612 GBp. The firm cites stabilizing pricing, consolidation in the UK motor market, and valuation for the upgrade.
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Read More on AMIGY:
- Admiral Group: Hold Rating Maintained Amid Market Challenges and Opportunities
- Admiral Group price target raised to 3,050 GBp from 2,700 GBp at JPMorgan
- Admiral Group downgraded to Neutral from Buy at Citi
- Admiral Group price target raised to 3,850 GBp from 3,550 GBp at Berenberg
- Admiral Group upgraded to Buy from Sell at Goldman Sachs