Admiral Group PT Raised to GBX 1,256 (ADM)
Citigroup Inc. lifted their target price on shares of Admiral Group (LON:ADM) from GBX 1,220 ($20.11) to GBX 1,256 ($20.70) in a research note issued on Monday, Stock Ratings Network reports. The firm currently has a “neutral” rating on the stock. Citigroup Inc.’s price target would indicate a potential downside of 10.73% from the company’s current price.
Shares of Admiral Group (LON:ADM) opened at 1407.00 on Monday. Admiral Group has a 52 week low of GBX 1172.00 and a 52 week high of GBX 1425.00. The stock has a 50-day moving average of GBX 1279. and a 200-day moving average of GBX 1279.. The company’s market cap is £3.854 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Canaccord Genuity reiterated a “sell” rating on shares of Admiral Group in a research note to investors on Monday, December 16th. They now have a GBX 1,160 ($19.12) price target on the stock. Separately, analysts at Deutsche Bank raised their price target on shares of Admiral Group from GBX 1,300 ($21.42) to GBX 1,330 ($21.92) in a research note to investors on Monday, December 16th. They now have a “hold” rating on the stock. Finally, analysts at Numis Securities Ltd reiterated an “add” rating on shares of Admiral Group in a research note to investors on Monday, December 9th. They now have a GBX 1,425 ($23.48) price target on the stock. Eight analysts have rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the company. Admiral Group presently has an average rating of “Hold” and a consensus target price of GBX 1,211.37 ($19.96).
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.