Admiral Group (LON:ADM) Reaches New 12-Month Low – Should You Sell?

Admiral Group plc (LON:ADM)’s share price reached a new 52-week low on Monday . The company traded as low as GBX 2,630 and last traded at GBX 2,634, with a volume of 62963691 shares trading hands. The stock had previously closed at GBX 2,650.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the stock. UBS Group cut shares of Admiral Group to a “neutral” rating and reduced their target price for the company from GBX 3,950 to GBX 3,350 in a report on Wednesday, December 17th. Royal Bank Of Canada downgraded Admiral Group to a “sector perform” rating and dropped their price objective for the company from GBX 3,600 to GBX 3,100 in a research note on Thursday. Finally, The Goldman Sachs Group lowered Admiral Group to a “sell” rating and reduced their target price for the company from GBX 3,954 to GBX 2,902 in a research note on Wednesday, January 21st. One analyst has rated the stock with a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus price target of GBX 2,716.

Admiral Group Price Performance

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 company has a market capitalization of £7.90 billion, a P/E ratio of 9.79, a price-to-earnings-growth ratio of 1.69 and a beta of 0.18. The company has a fifty day moving average price of GBX 3,101.15 and a 200 day moving average price of GBX 3,266.05.

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.