Admiral Group (LON:ADM) Sets New 12-Month High – What’s Next?

Admiral Group plc (LON:ADM) shares hit a new 52-week high on Monday . The stock traded as high as GBX 3,692 and last traded at GBX 3,691.67, with a volume of 618522 shares trading hands. The stock had previously closed at GBX 3,666.

Analysts Set New Price Targets

Several analysts recently commented on ADM shares. Royal Bank Of Canada downgraded shares of Admiral Group to a “sector perform” rating and reduced their target price for the stock from GBX 3,560 to GBX 3,450 in a report on Friday, June 19th. UBS Group raised shares of Admiral Group to a “buy” rating and increased their price target for the company from GBX 3,300 to GBX 3,500 in a report on Tuesday, March 10th. Two research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of GBX 2,787.43.

Admiral Group Stock Up 0.1%

The company has a current ratio of 6.56, a quick ratio of 0.42 and a debt-to-equity ratio of 131.19. The stock has a market cap of £10.81 billion, a P/E ratio of 14.96, a PEG ratio of 1.69 and a beta of 0.19. The firm has a 50-day simple moving average of GBX 3,387.53 and a two-hundred day simple moving average of GBX 3,176.54.

Insider Buying and Selling

In other Admiral Group news, insider Geraint Jones acquired 249 shares of the company’s stock in a transaction on Friday, June 5th. The stock was acquired at an average price of GBX 3,308 per share, for a total transaction of £8,236.92. Corporate 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.