Shares of Admiral Group plc (LON:ADM) have earned an average rating of “Hold” from the nine ratings firms that are covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a sell rating and six have given a hold rating to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is GBX 2,503.60 ($32.71).
A number of research firms have weighed in on ADM. Royal Bank of Canada reaffirmed a “sector perform” rating and set a GBX 2,400 ($31.36) price target on shares of Admiral Group in a research report on Wednesday, March 3rd. Berenberg Bank reiterated a “hold” rating and issued a GBX 2,758 ($36.03) price target on shares of Admiral Group in a research note on Monday, March 22nd. Peel Hunt increased their price objective on shares of Admiral Group from GBX 2,120 ($27.70) to GBX 2,430 ($31.75) and gave the stock a “reduce” rating in a research note on Wednesday, May 26th. Finally, Peel Hunt upped their target price on Admiral Group from GBX 2,120 ($27.70) to GBX 2,430 ($31.75) and gave the stock a “reduce” rating in a report on Wednesday, May 26th.
Shares of ADM traded up GBX 16 ($0.21) during midday trading on Friday, hitting GBX 3,063 ($40.02). The stock had a trading volume of 143,113 shares, compared to its average volume of 451,433. The firm has a market capitalization of £9.10 billion and a price-to-earnings ratio of 17.12. The firm has a 50 day moving average of GBX 8,832.88. Admiral Group has a twelve month low of GBX 2,210 ($28.87) and a twelve month high of GBX 3,257 ($42.55). The company has a current ratio of 1.37, a quick ratio of 0.77 and a debt-to-equity ratio of 54.42.
Admiral Group plc provides car insurance products primarily in the United Kingdom, Spain, Italy, France, India, and the United States. The company operates through UK Insurance, International Insurance, Admiral Loans, and Other segments. It underwrites car, van, household, and travel insurance. The company operates conte.it, a car insurance website in Italy, as well as provides unsecured personal loans and car finance products.
Further Reading: Compound Interest and Why It Matters When Investing
Receive News & Ratings for Admiral Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Admiral Group and related companies with MarketBeat.com's FREE daily email newsletter.