Admiral Group plc (ADM) Given Consensus Rating of “Hold” by Analysts
Shares of Admiral Group plc (LON:ADM) have earned a consensus rating of “Hold” from the fourteen ratings firms that are presently covering the stock, Marketbeat.com reports. Seven investment analysts have rated the stock with a sell rating and seven have given a hold rating to the company. The average 12-month price target among brokerages that have covered the stock in the last year is GBX 1,901.70 ($25.79).
Several brokerages have recently issued reports on ADM. JPMorgan Chase & Co. downgraded shares of Admiral Group to an “underweight” rating and lowered their price target for the stock from GBX 1,980 ($26.85) to GBX 1,900 ($25.77) in a report on Friday, January 5th. Deutsche Bank upped their price target on shares of Admiral Group from GBX 1,880 ($25.49) to GBX 1,980 ($26.85) and gave the stock a “hold” rating in a report on Thursday, January 4th. HSBC lowered their price target on shares of Admiral Group from GBX 2,100 ($28.48) to GBX 2,045 ($27.73) and set a “hold” rating for the company in a report on Thursday, November 23rd. Peel Hunt upgraded shares of Admiral Group to an “add” rating and upped their price target for the stock from GBX 1,751 ($23.75) to GBX 2,078 ($28.18) in a report on Tuesday, November 7th. Finally, Barclays reduced their price objective on shares of Admiral Group from GBX 1,845 ($25.02) to GBX 1,801 ($24.42) and set an “underweight” rating on the stock in a research note on Monday, December 11th.
Admiral Group (LON:ADM) opened at GBX 1,884 ($25.55) on Monday. The company has a market cap of $5,410.00 and a P/E ratio of 2,355.00. Admiral Group has a 1 year low of GBX 1,680 ($22.78) and a 1 year high of GBX 2,184 ($29.62).
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About Admiral Group
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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