Admiral Group plc (LON:ADM) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Admiral Group plc (LON:ADM) have been given an average recommendation of “Hold” by the five analysts that are currently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is GBX 3,813.60.

ADM has been the subject of a number of research analyst reports. Royal Bank Of Canada increased their price objective on shares of Admiral Group from GBX 3,450 to GBX 3,950 and gave the stock a “sector perform” rating in a research report on Wednesday, August 12th. Berenberg Bank cut shares of Admiral Group to a “hold” rating and set a GBX 4,200 price target on the stock. in a research report on Thursday, August 27th. Finally, Citigroup raised their price objective on shares of Admiral Group from GBX 4,243 to GBX 4,516 and gave the company a “buy” rating in a research note on Friday, August 7th.

Admiral Group Stock Down 1.1%

Shares of LON:ADM opened at GBX 3,814 on Wednesday. The business has a 50-day moving average price of GBX 3,777.85 and a 200 day moving average price of GBX 3,443.45. The company has a current ratio of 4.99, a quick ratio of 0.42 and a debt-to-equity ratio of 139.06. The company has a market capitalization of £11.40 billion, a price-to-earnings ratio of 17.46, a PEG ratio of 1.69 and a beta of 0.19. Admiral Group has a 12-month low of GBX 2,624 and a 12-month high of GBX 4,128.

About Admiral Group

Admiral Group plc is an established financial services provider offering motor, household, travel and pet insurance, as well as personal lending products, trading in five countries, namely the UK, France, Italy, Spain and the US. Founded in 1993, Admiral has grown to become an established multinational and multi-product insurer and is proud to be Wales’ only FTSE 100 Company. As the leading personal motor insurance provider in the UK, Admiral continues to focus on technology and agility, diversifying the businesses, and progressing with the evolution of motor.