Admiral Group plc Given “Underperform” Rating at BNP Paribas (ADM)
Admiral Group plc (LON:ADM)‘s stock had its “underperform” rating reaffirmed by BNP Paribas in a research note issued on Thursday. They currently have a GBX 1,064 ($17.91) target price on the stock. BNP Paribas’ price target points to a potential downside of 24.43% from the stock’s previous close.
ADM has been the subject of a number of other recent research reports. Analysts at HSBC raised their price target on shares of Admiral Group plc from GBX 1,550 ($26.09) to GBX 1,580 ($26.59) in a research note on Thursday. They now have an “overweight” rating on the stock. Separately, analysts at Espirito Santo Investment Bank Research cut their price target on shares of Admiral Group plc from GBX 573 ($9.64) to GBX 514 ($8.65) in a research note on Wednesday. They now have a “buy” rating on the stock. Finally, analysts at JPMorgan Chase & Co. raised their price target on shares of Admiral Group plc from GBX 1,022 ($17.20) to GBX 1,164 ($19.59) in a research note on Friday, May 23rd. They now have an “underweight” rating on the stock. Six research analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have given a buy rating to the company. Admiral Group plc presently has a consensus rating of “Hold” and a consensus price target of GBX 1,278.61 ($21.52).
Admiral Group plc (LON:ADM) opened at 1419.875 on Thursday. Admiral Group plc has a one year low of GBX 1172.00 and a one year high of GBX 1550.00. The stock has a 50-day moving average of GBX 1395. and a 200-day moving average of GBX 1375.. The company’s market cap is £3.672 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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