Admiral Group plc Rating Reiterated by Numis Securities Ltd (ADM)
Admiral Group plc (LON:ADM)‘s stock had its “add” rating reaffirmed by Numis Securities Ltd in a research note issued on Tuesday. They currently have a GBX 1,720 ($28.85) price objective on the stock. Numis Securities Ltd’s price objective would suggest a potential upside of 18.54% from the stock’s previous close.
Shares of Admiral Group plc (LON:ADM) traded down 0.07% on Tuesday, hitting GBX 1450.00. 566,380 shares of the company’s stock traded hands. Admiral Group plc has a 52-week low of GBX 1172.00 and a 52-week high of GBX 1583.00. The stock has a 50-day moving average of GBX 1513. and a 200-day moving average of GBX 1460.. The company’s market cap is £3.750 billion.
ADM has been the subject of a number of other recent research reports. Analysts at Nomura reiterated a “buy” rating on shares of Admiral Group plc in a research note on Monday. 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 equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and five have given a buy rating to the company. The company has a consensus rating of “Hold” and an average 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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