Admiral Group plc (LON:ADM) Given Average Recommendation of “Hold” by Analysts

Admiral Group plc (LON:ADM) has been assigned a consensus recommendation of “Hold” from the six brokerages that are covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating on the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is GBX 2,851.67.

Several equities analysts have issued reports on the company. UBS Group lowered Admiral Group to a “neutral” rating and cut their target price for the company from GBX 3,950 to GBX 3,350 in a research note on Wednesday, December 17th. Peel Hunt lowered shares of Admiral Group to a “sell” rating and boosted their price objective for the stock from GBX 2,270 to GBX 2,350 in a research note on Friday, September 5th. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a GBX 4,100 target price on shares of Admiral Group in a research note on Tuesday, September 2nd.

Admiral Group Stock Down 0.8%

Shares of LON:ADM traded down GBX 26 on Friday, reaching GBX 3,154. The company had a trading volume of 141,409 shares, compared to its average volume of 2,926,243. The firm has a market capitalization of £9.43 billion, a PE ratio of 11.68, a PEG ratio of 1.69 and a beta of 0.18. The company has a current ratio of 7.57, a quick ratio of 0.42 and a debt-to-equity ratio of 115.01. Admiral Group has a 52-week low of GBX 2,486 and a 52-week high of GBX 3,686. The firm’s 50 day simple moving average is GBX 3,189.18 and its 200-day simple moving average is GBX 3,306.65.

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.