Admiral Group Rating Reiterated by BNP Paribas (ADM)
Admiral Group (LON:ADM)‘s stock had its “underperform” rating reaffirmed by analysts at BNP Paribas in a research report issued to clients and investors on Friday, ARN reports. They currently have a GBX 926 ($14.78) price target on the stock. BNP Paribas’ target price points to a potential downside of 23.41% from the company’s current price.
ADM has been the subject of a number of other recent research reports. Analysts at Canaccord Genuity reiterated a “sell” rating on shares of Admiral Group in a research note to investors on Wednesday. They now have a GBX 1,160 ($18.52) price target on the stock. Separately, analysts at JPMorgan Chase & Co. cut their price target on shares of Admiral Group from GBX 1,122 ($17.91) to GBX 1,022 ($16.32) in a research note to investors on Monday. They now have an “underweight” rating on the stock. Nine equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and five have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of GBX 1,180.13 ($18.84).
Admiral Group (LON:ADM) opened at 1204.00 on Friday. Admiral Group has a one year low of GBX 1018.00 and a one year high of GBX 1425.00. The stock’s 50-day moving average is GBX 1268.31 and its 200-day moving average is GBX 1309.. The company’s market cap is £3.298 billion.
Admiral Group plc is the holding company for the Admiral Group of companies. Its principal activity is selling and administration of private motor insurance and related products.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.