Admiral Group plc’s Underperform Rating Reaffirmed at BNP Paribas (ADM)
Admiral Group plc (LON:ADM)‘s stock had its “underperform” rating reiterated by equities research analysts at BNP Paribas in a research note issued to investors on Wednesday. They currently have a GBX 1,064 ($18.06) target price on the stock. BNP Paribas’ price objective points to a potential downside of 31.84% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Oriel Securities Ltd reiterated a “sell” rating on shares of Admiral Group plc in a research note on Thursday, June 12th. They now have a GBX 900 ($15.28) price target on the stock. Separately, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Admiral Group plc in a research note on Monday, June 2nd. They now have a GBX 1,710 ($29.03) price target on the stock. Finally, analysts at HSBC raised their price target on shares of Admiral Group plc from GBX 1,550 ($26.31) to GBX 1,580 ($26.82) in a research note on Thursday, May 29th. They now have an “overweight” rating on the stock. Six equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and six have issued a buy rating to the stock. The company has an average rating of “Hold” and an average price target of GBX 1,278.61 ($21.70).
Shares of Admiral Group plc (LON:ADM) opened at 1559.00 on Wednesday. Admiral Group plc has a 52-week low of GBX 1172.00 and a 52-week high of GBX 1559.00. The stock has a 50-day moving average of GBX 1443. and a 200-day moving average of GBX 1398.. The company’s market cap is £4.031 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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