Admiral Group (LON:ADM) Price Target Raised to GBX 2,230

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.

In other news, insider Andy Crossley acquired 943 shares of the firm’s stock in a transaction on Monday, November 25th. The shares were purchased at an average price of GBX 2,109 ($27.74) per share, for a total transaction of £19,887.87 ($26,161.37).

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.

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Analyst Recommendations for Admiral Group (LON:ADM)

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