Admiral Group plc (ADM) Rating Reiterated by Goldman Sachs Group, Inc. (The)
Admiral Group plc (LON:ADM)‘s stock had its “neutral” rating reaffirmed by analysts at Goldman Sachs Group, Inc. (The) in a research report issued on Tuesday. They currently have a GBX 2,075 ($26.88) price objective on the stock. Goldman Sachs Group, Inc. (The)’s price objective suggests a potential upside of 2.98% from the company’s previous close.
ADM has been the subject of a number of other reports. Macquarie restated an “underperform” rating and set a GBX 1,500 ($19.43) price target on shares of Admiral Group plc in a report on Monday, June 19th. HSBC Holdings plc reaffirmed a “hold” rating and set a GBX 2,100 ($27.20) price objective on shares of Admiral Group plc in a research report on Tuesday, June 13th. Shore Capital reaffirmed a “sell” rating on shares of Admiral Group plc in a research report on Wednesday, May 3rd. Peel Hunt reaffirmed a “hold” rating and set a GBX 1,751 ($22.68) price objective on shares of Admiral Group plc in a research report on Wednesday, May 3rd. Finally, Credit Suisse Group reaffirmed an “underperform” rating and set a GBX 1,650 ($21.37) price objective on shares of Admiral Group plc in a research report on Wednesday, April 19th. Six analysts have rated the stock with a sell rating, seven have issued a hold rating and two have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 1,812 ($23.47).
Shares of Admiral Group plc (LON ADM) opened at 2024.00 on Tuesday. The firm’s 50-day moving average price is GBX 2,033.09 and its 200 day moving average price is GBX 1,927.32. The stock’s market cap is GBX 5.42 billion. Admiral Group plc has a one year low of GBX 1,680.00 and a one year high of GBX 2,288.00.
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In related news, insider Geraint Jones sold 4,700 shares of the stock in a transaction dated Tuesday, April 18th. The shares were sold at an average price of GBX 2,024 ($26.22), for a total value of £95,128 ($123,222.80).
About Admiral Group plc
Admiral Group plc is a United Kingdom-based company engaged in the provision of car insurance. The Company has four segments: UK Car Insurance, International Car Insurance, Price Comparison and Other. The UK Car Insurance segment consists of the underwriting of car insurance and other products that supplement the car insurance policy within the United Kingdom.
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