Brokerages Set Admiral Group plc (LON:ADM) Price Target at GBX 3,486.33

Admiral Group plc (LON:ADM) has received a consensus rating of “Hold” from the six research firms that are presently covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating on the company. The average twelve-month price target among brokers that have covered the stock in the last year is GBX 3,569.67.

A number of research firms recently issued reports on ADM. Berenberg Bank increased their target price on Admiral Group from GBX 3,800 to GBX 4,200 and gave the stock a “buy” rating in a research note on Friday, August 7th. Royal Bank Of Canada increased their price target on Admiral Group from GBX 3,450 to GBX 3,950 and gave the company a “sector perform” rating in a research report on Wednesday. Finally, Citigroup lifted their price objective on shares of Admiral Group from GBX 4,243 to GBX 4,516 and gave the company a “buy” rating in a research report on Friday, August 7th.

Admiral Group Price Performance

ADM opened at GBX 3,921.95 on Friday. Admiral Group has a 12 month low of GBX 2,624 and a 12 month high of GBX 4,006. The company has a fifty day simple moving average of GBX 3,598.59 and a 200 day simple moving average of GBX 3,299.07. The stock has a market cap of £11.72 billion, a P/E ratio of 16.23, a P/E/G ratio of 1.69 and a beta of 0.19. The company has a quick ratio of 0.42, a current ratio of 4.99 and a debt-to-equity ratio of 139.06.

Insider Buying and Selling at Admiral Group

In related news, insider Geraint Jones bought 249 shares of the business’s stock in a transaction dated Friday, June 5th. The stock was bought at an average price of GBX 3,308 per share, for a total transaction of £8,236.92. 13.71% of the stock is owned by insiders.

About Admiral Group

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.