Admiral Group (LON:ADM) had its price objective upped by Peel Hunt from GBX 2,150 ($28.28) to GBX 2,230 ($29.33) in a report issued on Wednesday, Digital Look reports. They currently have a hold rating on the stock.
A number of other equities analysts have also recently issued reports on ADM. Royal Bank of Canada restated a sector performer rating on shares of Admiral Group in a research report on Wednesday, December 11th. Investec cut shares of Admiral Group to an add rating in a research report on Tuesday, January 21st. JPMorgan Chase & Co. decreased their price objective on shares of Admiral Group from GBX 1,950 ($25.65) to GBX 1,925 ($25.32) and set an underweight rating on the stock in a research report on Friday, January 31st. Goldman Sachs Group decreased their price objective on shares of Admiral Group from GBX 2,542 ($33.44) to GBX 2,400 ($31.57) and set a buy rating on the stock in a research report on Wednesday, November 13th. Finally, Deutsche Bank restated a hold rating on shares of Admiral Group in a research report on Monday, February 3rd. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the company’s stock. Admiral Group has a consensus rating of Hold and a consensus price target of GBX 2,140.90 ($28.16).
ADM stock opened at GBX 2,326 ($30.60) on Wednesday. The firm’s 50-day moving average price is GBX 2,296.44 and its two-hundred day moving average price is GBX 2,157.02. Admiral Group has a 12-month low of GBX 1,989 ($26.16) and a 12-month high of GBX 2,343 ($30.82). The stock has a market capitalization of $6.84 billion and a price-to-earnings ratio of 16.84. The company has a current ratio of 1.10, a quick ratio of 0.77 and a debt-to-equity ratio of 76.28.
Admiral Group Company Profile
Admiral Group plc provides car insurance products primarily in the United Kingdom, Spain, Italy, France, and the United States. The company operates through four segments: UK Insurance, International Car Insurance, Price Comparison, and Other. It underwrites car insurance and other insurance products; offers van insurance and associated products primarily to small businesses, as well as general insurance products; and provides household insurance, and commercial vehicle insurance broking services.
Further Reading: S&P/ASX 200 Index
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