Admiral Group plc Given “Buy” Rating at Nomura (ADM)
Shares of Admiral Group plc (LON:ADM) traded up 1.19% during mid-day trading on Monday, hitting GBX 1451.00. The stock had a trading volume of 621,479 shares. 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 1515.56 and its 200-day moving average is GBX 1460.. The company’s market cap is £3.752 billion.
ADM has been the subject of a number of other recent research reports. 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 ($28.85) 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 ($18.29) price target on the stock. Finally, analysts at BNP Paribas cut their price target on shares of Admiral Group plc from GBX 1,064 ($17.85) to GBX 1,051 ($17.63) in a research note on Wednesday, July 23rd. They now have an “underperform” rating on the stock. Seven investment analysts have rated the stock with a sell rating, seven have issued a hold rating and five have assigned a buy rating to the company. Admiral Group plc has an average rating of “Hold” and a consensus target price of GBX 1,265.82 ($21.24).
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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