Admiral Group plc Rating Reiterated by Credit Suisse (ADM)
Admiral Group plc (LON:ADM)‘s stock had its “neutral” rating reiterated by stock analysts at Credit Suisse in a report issued on Tuesday, ARN reports. They currently have a GBX 1,340 ($22.29) price target on the stock. Credit Suisse’s price objective would indicate a potential downside of 8.85% from the company’s current price.
A number of other analysts have also recently weighed in on ADM. Analysts at Bank of America reiterated a “buy” rating on shares of Admiral Group plc in a research note on Wednesday, February 19th. They now have a GBX 1,450 ($24.11) price target on the stock. Separately, analysts at Goldman Sachs downgraded shares of Admiral Group plc to a “neutral” rating in a research note on Monday, February 10th. They now have a GBX 1,440 ($23.95) price target on the stock. Finally, analysts at Nomura reiterated a “buy” rating on shares of Admiral Group plc in a research note on Tuesday, February 4th. They now have a GBX 1,493 ($24.83) price target on the stock. Seven research analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have issued a buy rating to the company. The company has an average rating of “Hold” and an average target price of GBX 1,240.48 ($20.63).
Shares of Admiral Group plc (LON:ADM) opened at 1477.00 on Tuesday. Admiral Group plc has a 52 week low of GBX 1172.00 and a 52 week high of GBX 1484.00. The stock’s 50-day moving average is GBX 1411. and its 200-day moving average is GBX 1292.06. The company’s market cap is £4.046 billion.
Admiral Group plc’s principal business is the sale of private motor insurance, together with additional products and services, such as breakdown cover.
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