Other analysts have also recently issued research reports about the stock. Peel Hunt reissued a hold rating and set a GBX 1,751 ($22.61) price objective on shares of Admiral Group plc in a report on Wednesday, August 16th. Goldman Sachs Group, Inc. (The) reissued a neutral rating and set a GBX 2,075 ($26.80) price objective on shares of Admiral Group plc in a report on Tuesday, July 4th. HSBC Holdings plc reissued a hold rating and set a GBX 2,100 ($27.12) price objective on shares of Admiral Group plc in a report on Tuesday, June 13th. Shore Capital restated a sell rating on shares of Admiral Group plc in a research report on Monday, August 7th. Finally, Deutsche Bank AG restated a sell rating and set a GBX 1,845 ($23.83) target price on shares of Admiral Group plc in a research report on Friday, July 21st. Seven analysts have rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the stock. The stock presently has an average rating of Hold and a consensus target price of GBX 1,844.10 ($23.82).
Shares of Admiral Group plc (LON ADM) opened at 1845.00 on Friday. The stock’s market cap is GBX 4.94 billion. The firm’s 50-day moving average is GBX 2,024.51 and its 200 day moving average is GBX 2,003.63. Admiral Group plc has a 52-week low of GBX 1,680.00 and a 52-week high of GBX 2,184.00.
Admiral Group plc (LON:ADM) last released its quarterly earnings data on Tuesday, August 15th. The company reported $0.57 earnings per share for the quarter, missing analysts’ consensus estimates of $0.58 by $0.01. Admiral Group plc had a return on equity of 54.64% and a net margin of 29.40%. Analysts forecast that Admiral Group plc will post $108.29 earnings per share for the current fiscal year.
The company also recently disclosed a dividend, which will be paid on Friday, October 6th. Investors of record on Thursday, September 7th will be given a GBX 56 ($0.72) dividend. This represents a yield of 2.74%. This is a positive change from Admiral Group plc’s previous dividend of $51.50. The ex-dividend date is Thursday, September 7th.
In other news, insider Jean Park acquired 2,000 shares of the stock in a transaction that occurred on Thursday, August 17th. The shares were purchased at an average cost of GBX 1,988 ($25.67) per share, for a total transaction of £39,760 ($51,349.61). Also, insider David Stevens sold 225,000 shares of Admiral Group plc stock in a transaction on Wednesday, August 16th. The shares were sold at an average price of GBX 2,032 ($26.24), for a total transaction of £4,572,000 ($5,904,688.11).
About Admiral Group plc
Admiral Group plc is a United Kingdom-based company engaged in the provision of car insurance. The Company has four segments: UK Car Insurance, International Car Insurance, Price Comparison and Other. The UK Car Insurance segment consists of the underwriting of car insurance and other products that supplement the car insurance policy within the United Kingdom.
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