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BUZZ-Admiral Group: Flurry of target price hikes post positive H1

Reuters - UK Focus

** Motor insurer Admiral wins heavyweight brokerages' trust on better-than-expected first half earnings

** Brokerages including Barclays (LSE: BARC.L - news) , Credit Suisse (Other OTC: CDSSF - news) , Deutsche Bank and Canaccord Genuity (Other OTC: CCORF - news) raise TP on the stock to as much as 1572p

** Stock top gainer on FTSE All Share Non-life Insurance Index

** Admiral poised for biggest 2-day gain since mid-Jan 2015

** Co posted rise in H1 profits helped by release of reserves held against future claims on Aug. 19

** Admiral's CFO told Reuters yesterday that the co had more than enough reserves

** Smaller rival Esure down 1.5 pct, biggest loser on the FTSE All Share Non-life Insurance Index (aashika.jain@thomsonreuters.com)