Admiral Group plc (ADM) Receives Average Recommendation of “Hold” from Analysts
Shares of Admiral Group plc (LON:ADM) have been given an average rating of “Hold” by the fourteen brokerages that are currently covering the stock, MarketBeat Ratings reports. Six analysts have rated the stock with a sell rating and eight have assigned a hold rating to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is GBX 1,901.89 ($25.60).
Several brokerages have recently commented on ADM. Deutsche Bank upgraded shares of Admiral Group to a “hold” rating and lifted their price target for the stock from GBX 1,845 ($24.83) to GBX 1,880 ($25.30) in a research report on Monday, September 18th. Credit Suisse Group reiterated an “underperform” rating on shares of Admiral Group in a research report on Friday, September 8th. Barclays lowered their price target on shares of Admiral Group from GBX 1,845 ($24.83) to GBX 1,801 ($24.24) and set an “underweight” rating for the company in a research report on Monday, December 11th. Peel Hunt upgraded shares of Admiral Group to an “add” rating and lifted their price target for the stock from GBX 1,751 ($23.57) to GBX 2,078 ($27.97) in a research report on Tuesday, November 7th. Finally, Goldman Sachs Group lowered their price target on shares of Admiral Group from GBX 2,075 ($27.93) to GBX 1,965 ($26.45) and set a “neutral” rating for the company in a research report on Tuesday, September 12th.
Shares of Admiral Group (ADM) opened at GBX 1,910 ($25.71) on Thursday. Admiral Group has a 12-month low of GBX 1,680 ($22.61) and a 12-month high of GBX 2,184 ($29.39).
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About Admiral Group
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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