Admiral Group plc (LON:ADM) Receives GBX 2,803.14 Consensus Target Price from Brokerages

Shares of Admiral Group plc (LON:ADM) have received a consensus recommendation of “Hold” from the seven ratings firms that are currently covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is GBX 2,803.14.

Several research firms have recently issued reports on ADM. The Goldman Sachs Group lowered shares of Admiral Group to a “sell” rating and lowered their target price for the company from GBX 3,954 to GBX 2,902 in a report on Wednesday, January 21st. UBS Group raised Admiral Group to a “buy” rating and raised their price objective for the company from GBX 3,300 to GBX 3,500 in a research report on Tuesday, March 10th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 3,560 price objective on shares of Admiral Group in a research note on Wednesday, March 18th.

Admiral Group Price Performance

Shares of Admiral Group stock opened at GBX 3,181 on Thursday. Admiral Group has a 1 year low of GBX 2,624 and a 1 year high of GBX 3,686. The firm has a market cap of £9.51 billion, a price-to-earnings ratio of 13.16, a PEG ratio of 1.69 and a beta of 0.18. The company has a 50-day moving average of GBX 3,211.73 and a 200 day moving average of GBX 3,115.99.

Admiral Group (LON:ADM) last posted its quarterly earnings data on Thursday, March 5th. The company reported GBX 247.40 EPS for the quarter. Admiral Group had a net margin of 13.47% and a return on equity of 51.59%. On average, equities analysts anticipate that Admiral Group will post 161.0199297 EPS for the current year.

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.