Admiral Group plc (LON:ADM) Receives Average Recommendation of “Hold” from Brokerages
Admiral Group plc (LON:ADM) has been assigned a consensus recommendation of “Hold” from the sixteen research firms that are presently covering the company, Marketbeat.com reports. Six research analysts have rated the stock with a sell rating, seven have given a hold rating and three have issued a buy rating on the company. The average 1 year price objective among analysts that have covered the stock in the last year is GBX 1,904.42 ($24.87).
Several equities analysts recently issued reports on ADM shares. Peel Hunt reissued a “hold” rating and set a GBX 1,751 ($22.86) price objective on shares of Admiral Group plc in a research note on Wednesday, May 3rd. HSBC Holdings plc reissued a “hold” rating and set a GBX 2,100 ($27.42) price objective on shares of Admiral Group plc in a research note on Tuesday, June 13th. Goldman Sachs Group, Inc. (The) reissued a “neutral” rating and set a GBX 2,075 ($27.10) price objective on shares of Admiral Group plc in a research note on Tuesday, July 4th. J P Morgan Chase & Co reissued an “overweight” rating and set a GBX 2,100 ($27.42) price objective on shares of Admiral Group plc in a research note on Friday, March 31st. Finally, Royal Bank Of Canada raised shares of Admiral Group plc to a “sector perform” rating and upped their price objective for the company from GBX 1,650 ($21.55) to GBX 1,925 ($25.14) in a research note on Thursday, March 30th.
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Shares of Admiral Group plc (LON ADM) opened at 2001.00 on Monday. Admiral Group plc has a 52-week low of GBX 1,680.00 and a 52-week high of GBX 2,288.00. The stock’s 50 day moving average price is GBX 2,037.60 and its 200-day moving average price is GBX 1,951.27. The firm’s market capitalization is GBX 5.35 billion.
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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