Jefferies ‘resists temptation’ to upgrade Admiral stock
Stockbroking firm Jefferies says it has resisted temptation to upgrade Admiral’s stock to ‘buy’ from ‘hold’ on concerns about the profitability of its new business.
Admiral’s stock price has dropped 17% over the past two days following the release of its first-half results, which would normally represent a buying opportunity.
Similar Posts:
- Bond Trading for Private Investors
- American Shared Hospital Services fourth quarter revenues increase 8.4% to $4,500,000
- P/C Industry’s Net Income Up; Combined Ratio at 100.7 for Q3
- Choosing a Vancouver Condo Insurance Broker
- Barclays tops FSA complaints table
Leave a Reply