Admiral Group plc (LON:ADM) Given Average Rating of “Hold” by Brokerages

Shares of Admiral Group plc (LON:ADM) have been given a consensus rating of “Hold” by the six ratings firms that are covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company. The average 1-year price target among analysts that have covered the stock in the last year is GBX 3,569.67.

A number of equities research analysts have weighed in on the company. Citigroup raised their target price on Admiral Group from GBX 4,243 to GBX 4,516 and gave the company a “buy” rating in a report on Friday, August 7th. Royal Bank Of Canada upped their price objective on Admiral Group from GBX 3,450 to GBX 3,950 and gave the stock a “sector perform” rating in a research report on Wednesday, August 12th. Finally, Berenberg Bank cut Admiral Group to a “hold” rating and set a GBX 4,200 target price on the stock. in a research report on Thursday, August 27th.

Admiral Group Stock Up 1.7%

Shares of ADM opened at GBX 4,004 on Wednesday. Admiral Group has a one year low of GBX 2,624 and a one year high of GBX 4,128. The company has a market cap of £11.97 billion, a P/E ratio of 16.57, a P/E/G ratio of 1.69 and a beta of 0.19. The company has a debt-to-equity ratio of 139.06, a current ratio of 4.99 and a quick ratio of 0.42. The firm has a 50 day simple moving average of GBX 3,741.55 and a two-hundred day simple moving average of GBX 3,406.87.

Insider Activity at Admiral Group

In related news, insider Geraint Jones bought 249 shares of the company’s stock in a transaction dated Friday, June 5th. The stock was purchased at an average price of GBX 3,308 per share, with a total value of £8,236.92. Company insiders own 13.71% of the company’s stock.

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.