Admiral Group plc’s (LON:ADM) Sell Rating Reaffirmed at Deutsche Bank AG
Admiral Group plc (LON:ADM)‘s stock had its “sell” rating reiterated by Deutsche Bank AG in a research note issued to investors on Friday, Marketbeat.com reports. They presently have a GBX 1,845 ($24.09) target price on the stock. Deutsche Bank AG’s target price indicates a potential downside of 10.13% from the stock’s previous close.
Other equities analysts also recently issued reports about the stock. Goldman Sachs Group, Inc. (The) restated a “neutral” rating and issued a GBX 2,075 ($27.10) price target on shares of Admiral Group plc in a research note on Tuesday, July 4th. HSBC Holdings plc restated a “hold” rating and issued a GBX 2,100 ($27.42) price target on shares of Admiral Group plc in a research note on Tuesday, June 13th. BNP Paribas restated a “neutral” rating on shares of Admiral Group plc in a research note on Friday, March 24th. Peel Hunt restated a “hold” rating and issued a GBX 1,751 ($22.86) price target on shares of Admiral Group plc in a research note on Monday, July 10th. Finally, Credit Suisse Group upped their price target on shares of Admiral Group plc from GBX 1,650 ($21.55) to GBX 1,750 ($22.85) and gave the company an “underperform” rating in a research note on Wednesday, July 12th. Six analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the company’s stock. Admiral Group plc has a consensus rating of “Hold” and a consensus target price of GBX 1,904.42 ($24.87).
Shares of Admiral Group plc (LON ADM) opened at 2053.00 on Friday. The stock’s 50 day moving average is GBX 2,037.60 and its 200 day moving average is GBX 1,951.27. The firm’s market capitalization is GBX 5.49 billion. Admiral Group plc has a 12 month low of GBX 1,680.00 and a 12 month high of GBX 2,288.00.
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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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