Brokerages Set Admiral Group plc (LON:ADM) PT at GBX 2,851.67

Admiral Group plc (LON:ADM) has received a consensus rating of “Reduce” from the seven ratings firms that are covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is GBX 2,716.

Several research firms recently issued reports on ADM. The Goldman Sachs Group cut Admiral Group to a “sell” rating and lowered their price objective for the stock from GBX 3,954 to GBX 2,902 in a report on Wednesday. Royal Bank Of Canada downgraded Admiral Group to a “sector perform” rating and decreased their target price for the company from GBX 3,600 to GBX 3,100 in a research report on Thursday. Finally, UBS Group cut Admiral Group to a “neutral” rating and dropped their price target for the stock from GBX 3,950 to GBX 3,350 in a research report on Wednesday, December 17th.

Admiral Group Stock Down 5.8%

Shares of LON ADM opened at GBX 2,650 on Tuesday. The firm has a market cap of £7.92 billion, a price-to-earnings ratio of 9.81, a price-to-earnings-growth ratio of 1.69 and a beta of 0.18. The company’s 50-day simple moving average is GBX 3,101.15 and its 200-day simple moving average is GBX 3,266.15. The company has a quick ratio of 0.42, a current ratio of 7.57 and a debt-to-equity ratio of 115.01. Admiral Group has a 52-week low of GBX 2,627 and a 52-week 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.