Admiral Group (LON:ADM) Upgraded at Citigroup

Citigroup upgraded shares of Admiral Group (LON:ADM) to a buy rating in a report published on Tuesday morning,Digital Look reports. The firm currently has GBX 4,243 price objective on the stock, up from their prior price objective of GBX 3,277.

Separately, Royal Bank Of Canada lowered Admiral Group to a “sector perform” rating and reduced their price target for the stock from GBX 3,560 to GBX 3,450 in a report on Friday, June 19th. Three analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of GBX 3,407.50.

Admiral Group Stock Performance

LON ADM opened at GBX 3,787.42 on Tuesday. The stock’s fifty day moving average is GBX 3,491.38 and its two-hundred day moving average is GBX 3,235.83. The firm has a market capitalization of £11.32 billion, a P/E ratio of 15.67, a price-to-earnings-growth ratio of 1.69 and a beta of 0.19. The company has a debt-to-equity ratio of 131.19, a quick ratio of 0.42 and a current ratio of 6.56. Admiral Group has a fifty-two week low of GBX 2,624 and a fifty-two week high of GBX 3,816.

Insider Transactions at Admiral Group

In other Admiral Group news, insider Geraint Jones bought 249 shares of Admiral Group stock in a transaction on Friday, June 5th. The shares were 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 currently owned by company 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.