Admiral Group plc Receives “Buy” Rating from Numis Securities Ltd (ADM)
Admiral Group plc (LON:ADM)‘s stock had its “buy” rating reiterated by analysts at Numis Securities Ltd in a research report issued to clients and investors on Tuesday. They currently have a GBX 1,710 ($29.13) target price on the stock. Numis Securities Ltd’s price objective points to a potential upside of 10.39% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Admiral Group plc in a research note on Thursday, June 26th. They now have a GBX 1,330 ($22.65) price target on the stock. Separately, 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 ($15.33) price target on the stock. Finally, 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 ($18.12) price target on the stock. Six research analysts have rated the stock with a sell rating, seven have given a hold rating and six have issued a buy rating to the stock. Admiral Group plc presently has an average rating of “Hold” and an average price target of GBX 1,278.61 ($21.78).
Shares of Admiral Group plc (LON:ADM) opened at 1561.00 on Tuesday. 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 1475. and its 200-day moving average is GBX 1419.. The company’s market cap is £4.037 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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