Admiral Group (ADM) Earns Hold Rating from Deutsche Bank
Several other research firms also recently weighed in on ADM. Peel Hunt restated a hold rating and set a GBX 2,085 ($27.24) target price (up from GBX 1,920 ($25.09)) on shares of Admiral Group in a report on Tuesday, December 4th. Citigroup restated a sell rating and set a GBX 1,756 ($22.95) target price (up from GBX 1,720 ($22.47)) on shares of Admiral Group in a report on Wednesday, September 19th. Numis Securities restated an add rating and set a GBX 2,145 ($28.03) target price (up from GBX 2,000 ($26.13)) on shares of Admiral Group in a report on Wednesday, September 19th. Shore Capital restated a sell rating on shares of Admiral Group in a report on Thursday, November 1st. Finally, Barclays raised their target price on shares of Admiral Group from GBX 1,997 ($26.09) to GBX 2,009 ($26.25) and gave the company an underweight rating in a report on Friday, November 23rd. Six analysts have rated the stock with a sell rating and six have given a hold rating to the stock. The company currently has a consensus rating of Hold and an average price target of GBX 1,973.91 ($25.79).
LON:ADM opened at GBX 2,037 ($26.62) on Monday. Admiral Group has a twelve month low of GBX 1,766 ($23.08) and a twelve month high of GBX 2,184 ($28.54).
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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