Admiral Group plc Rating Reiterated by JPMorgan Chase & Co. (ADM)
Admiral Group plc (LON:ADM)‘s stock had its “underweight” rating reiterated by research analysts at JPMorgan Chase & Co. in a report released on Thursday. They currently have a GBX 1,164 ($19.97) price target on the stock. JPMorgan Chase & Co.’s price target would indicate a potential downside of 23.42% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at BNP Paribas reiterated an “underperform” rating on shares of Admiral Group plc in a research note on Thursday. They now have a GBX 1,064 ($18.25) price target on the stock. Separately, analysts at Berenberg Bank reiterated a “sell” rating on shares of Admiral Group plc in a research note on Wednesday. They now have a GBX 1,090 ($18.70) price target on the stock. Finally, analysts at Canaccord Genuity downgraded shares of Admiral Group plc to a “sell” rating in a research note on Wednesday. They now have a GBX 1,400 ($24.01) price target on the stock. Seven analysts have rated the stock with a sell rating, six have assigned a hold rating and six have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 1,278.61 ($21.93).
Shares of Admiral Group plc (LON:ADM) traded down 0.13% on Thursday, hitting GBX 1520.00. 960,236 shares of the company’s stock traded hands. Admiral Group plc has a 1-year low of GBX 1172.00 and a 1-year high of GBX 1583.00. The stock’s 50-day moving average is GBX 1503. and its 200-day moving average is GBX 1435.. The company’s market cap is £3.931 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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