Admiral Group plc Receives Average Rating of “Hold” from Brokerages (LON:ADM)
Shares of Admiral Group plc (LON:ADM) have received a consensus recommendation of “Hold” from the eighteen ratings firms that are presently covering the company, American Banking News reports. Six research analysts have rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating on the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is GBX 1,327.59 ($22.36).
Several analysts have recently commented on the stock. Analysts at Barclays reiterated an “equal weight” rating on shares of Admiral Group plc in a research note on Thursday. They now have a GBX 1,402 ($23.61) price target on the stock. Separately, analysts at Keefe, Bruyette & Woods reiterated a “market perform” rating on shares of Admiral Group plc in a research note on Wednesday. They now have a GBX 1,227 ($20.67) price target on the stock. Finally, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Admiral Group plc in a research note on Tuesday. They now have a GBX 1,710 ($28.80) price target on the stock.
Admiral Group plc (LON:ADM) traded down 0.28% during mid-day trading on Friday, hitting GBX 1412.00. 333,612 shares of the company’s stock traded hands. Admiral Group plc has a 52 week low of GBX 1172.00 and a 52 week high of GBX 1550.00. The stock has a 50-day moving average of GBX 1402. and a 200-day moving average of GBX 1366.. The company’s market cap is £3.651 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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