Admiral Group plc (ADM) Given “Hold” Rating at Peel Hunt
A number of other research analysts have also weighed in on ADM. Goldman Sachs Group, Inc. (The) restated a neutral rating and issued a GBX 2,075 ($26.88) target price on shares of Admiral Group plc in a report on Tuesday, July 4th. J P Morgan Chase & Co restated an overweight rating and issued a GBX 2,100 ($27.20) target price on shares of Admiral Group plc in a report on Friday, March 31st. HSBC Holdings plc restated a hold rating and issued a GBX 2,100 ($27.20) target price on shares of Admiral Group plc in a report on Tuesday, June 13th. Deutsche Bank AG raised their target price on Admiral Group plc from GBX 1,760 ($22.80) to GBX 1,845 ($23.90) and gave the company a sell rating in a report on Friday, June 23rd. Finally, Royal Bank Of Canada upgraded Admiral Group plc to a sector perform rating and raised their target price for the company from GBX 1,650 ($21.37) to GBX 1,925 ($24.94) in a report on Thursday, March 30th. Six equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and two have assigned a buy rating to the company’s stock. The company has an average rating of Hold and an average price target of GBX 1,864.91 ($24.16).
Admiral Group plc (LON:ADM) opened at 2050.00 on Monday. Admiral Group plc has a 52-week low of GBX 1,680.00 and a 52-week high of GBX 2,288.00. The firm’s 50 day moving average price is GBX 2,033.09 and its 200 day moving average price is GBX 1,927.32. The firm’s market cap is GBX 5.48 billion.
In related news, insider Geraint Jones sold 4,700 shares of the stock in a transaction that occurred on Tuesday, April 18th. The stock was sold at an average price of GBX 2,024 ($26.22), for a total transaction of £95,128 ($123,222.80).
Admiral Group plc Company Profile
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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