Admiral Group plc Rating Reiterated by Deutsche Bank (ADM)
Admiral Group plc (LON:ADM)‘s stock had its “hold” rating reaffirmed by investment analysts at Deutsche Bank in a note issued to investors on Thursday. They currently have a GBX 1,330 ($22.63) price target on the stock. Deutsche Bank’s price target points to a potential downside of 12.21% from the company’s current price.
Shares of Admiral Group plc (LON:ADM) remained flat at GBX 1515.00 during during mid-day trading trading on Thursday. The stock had a trading volume of 475,107 shares. Admiral Group plc has a 52 week low of GBX 1172.00 and a 52 week high of GBX 1572.00. The stock’s 50-day moving average is GBX 1466. and its 200-day moving average is GBX 1412.. The company’s market cap is £3.918 billion.
Several other analysts have also recently commented on the stock. Analysts at Oriel Securities Ltd reiterated a “sell” rating on shares of Admiral Group plc in a research note on Friday, June 20th. They now have a GBX 900 ($15.32) price target on the stock. Separately, analysts at BNP Paribas reiterated an “underperform” rating on shares of Admiral Group plc in a research note on Wednesday, June 18th. They now have a GBX 1,064 ($18.11) price target on the stock. Six equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and six have assigned a buy rating to the company. Admiral Group plc currently has an average rating of “Hold” and an average price target of GBX 1,278.61 ($21.76).
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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