Admiral Group (LON:ADM) Cut to “Sell” at The Goldman Sachs Group

The Goldman Sachs Group cut shares of Admiral Group (LON:ADM) to a sell rating in a research report released on Wednesday, Marketbeat Ratings reports. They currently have GBX 2,902 target price on the stock, down from their prior target price of GBX 3,954.

Separately, UBS Group downgraded shares of Admiral Group to a “neutral” rating and dropped their price objective for the company from GBX 3,950 to GBX 3,350 in a research note on Wednesday, December 17th. One research analyst has rated the stock with a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Reduce” and an average target price of GBX 2,716.

Admiral Group Stock Down 5.8%

Shares of Admiral Group stock opened at GBX 2,650 on Wednesday. The company has a debt-to-equity ratio of 115.01, a current ratio of 7.57 and a quick ratio of 0.42. The stock has a market cap of £7.92 billion, a price-to-earnings ratio of 9.81, a PEG ratio of 1.69 and a beta of 0.18. The firm’s 50-day moving average is GBX 3,101.15 and its two-hundred day moving average is GBX 3,266.44. Admiral Group has a 1 year low of GBX 2,627 and a 1 year high of GBX 3,686.

Admiral Group Company Profile

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.