Admiral Group plc Receives Average Recommendation of “Hold” from Analysts (LON:ADM)
Admiral Group plc (LON:ADM) has been given an average rating of “Hold” by the nineteen ratings firms that are presently covering the company, Analyst Ratings News reports. Seven investment analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is GBX 1,278.44 ($21.51).
A number of research firms have recently commented on ADM. Analysts at Numis Securities Ltd reiterated an “add” rating on shares of Admiral Group plc in a research note on Friday, August 1st. They now have a GBX 1,720 ($28.94) 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 Thursday, July 24th. They now have a GBX 1,090 ($18.34) price target on the stock. Finally, analysts at BNP Paribas cut their price target on shares of Admiral Group plc from GBX 1,064 ($17.90) to GBX 1,051 ($17.68) in a research note on Wednesday, July 23rd. They now have an “underperform” rating on the stock.
Shares of Admiral Group plc (LON:ADM) opened at 1434.00 on Tuesday. Admiral Group plc has a 52 week low of GBX 1172.00 and a 52 week high of GBX 1583.00. The stock’s 50-day moving average is GBX 1519. and its 200-day moving average is GBX 1459.. The company’s market cap is £3.708 billion.
Admiral Group plc’s principal business is the sale of private motor insurance, together with additional products and services, such as breakdown cover.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.