Admiral Group plc’s (LON:ADM) “Hold” Rating Reaffirmed at Peel Hunt
Admiral Group plc (LON:ADM)‘s stock had its “hold” rating restated by equities researchers at Peel Hunt in a report released on Monday. They currently have a GBX 1,751 ($22.68) target price on the stock. Peel Hunt’s price target suggests a potential downside of 14.00% from the company’s current price.
Other research analysts also recently issued research reports about the company. Goldman Sachs Group, Inc. (The) reaffirmed a “neutral” rating and issued a GBX 2,075 ($26.88) price target on shares of Admiral Group plc in a research note on Tuesday, July 4th. HSBC Holdings plc reaffirmed a “hold” rating and issued a GBX 2,100 ($27.20) price target on shares of Admiral Group plc in a research note on Tuesday, June 13th. BNP Paribas reaffirmed a “neutral” rating on shares of Admiral Group plc in a research note on Friday, March 24th. Royal Bank of Canada raised Admiral Group plc to a “sector perform” rating and boosted their price target for the company from GBX 1,650 ($21.37) to GBX 1,925 ($24.94) in a research note on Thursday, March 30th. Finally, Credit Suisse Group reaffirmed an “underperform” rating and issued a GBX 1,650 ($21.37) price target on shares of Admiral Group plc in a research note on Wednesday, April 19th. Six analysts have rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of GBX 1,855.82 ($24.04).
Shares of Admiral Group plc (LON ADM) opened at 2030.00 on Monday. Admiral Group plc has a 12-month low of GBX 1,680.00 and a 12-month high of GBX 2,288.00. The company’s market cap is GBX 5.43 billion. The stock has a 50 day moving average of GBX 2,033.09 and a 200 day moving average of GBX 1,927.32.
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In other Admiral Group plc news, insider Geraint Jones sold 4,700 shares of the business’s stock in a transaction dated Tuesday, April 18th. The stock was sold at an average price of GBX 2,024 ($26.22), for a total transaction 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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