Admiral Group plc (LON:ADM) Receives Average Rating of “Hold” from Brokerages

Shares of Admiral Group plc (LON:ADM) have received an average recommendation of “Hold” from the seven analysts that are currently covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and two have assigned a buy recommendation to the company. The average 1 year price target among analysts that have covered the stock in the last year is GBX 2,787.43.

Several research analysts have weighed in on ADM shares. UBS Group upgraded shares of Admiral Group to a “buy” rating and increased their price target for the stock from GBX 3,300 to GBX 3,500 in a research report on Tuesday, March 10th. Royal Bank Of Canada downgraded shares of Admiral Group to a “sector perform” rating and decreased their price target for the stock from GBX 3,560 to GBX 3,450 in a research report on Friday.

Admiral Group Stock Down 4.7%

ADM opened at GBX 3,204 on Friday. The company has a current ratio of 6.56, a quick ratio of 0.42 and a debt-to-equity ratio of 131.19. Admiral Group has a 1-year low of GBX 2,624 and a 1-year high of GBX 3,686. The company has a market capitalization of £9.58 billion, a PE ratio of 13.26, a PEG ratio of 1.69 and a beta of 0.18. The firm’s 50 day simple moving average is GBX 3,344.87 and its two-hundred day simple moving average is GBX 3,140.39.

Insiders Place Their Bets

In other Admiral Group news, insider Geraint Jones purchased 249 shares of the firm’s stock in a transaction on Friday, June 5th. The shares were acquired at an average cost of GBX 3,308 per share, for a total transaction of £8,236.92. Insiders own 13.71% of the company’s stock.

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.