Admiral Group plc (ADM) Receives Average Recommendation of “Hold” from Analysts

Shares of Admiral Group plc (LON:ADM) have received an average rating of “Hold” from the fourteen ratings firms that are covering the stock, MarketBeat.com reports. Seven analysts have rated the stock with a sell rating and seven have issued a hold rating on the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is GBX 1,901.60 ($26.66).

Several brokerages have commented on ADM. Barclays dropped their target price on shares of Admiral Group from GBX 1,801 ($25.25) to GBX 1,800 ($25.24) and set an “underweight” rating on the stock in a report on Thursday, February 1st. Peel Hunt reiterated an “add” rating and issued a GBX 2,078 ($29.14) price objective on shares of Admiral Group in a report on Monday, January 22nd. JPMorgan Chase & Co. downgraded shares of Admiral Group to an “underweight” rating and lowered their price objective for the company from GBX 1,980 ($27.76) to GBX 1,900 ($26.64) in a report on Friday, January 5th. Deutsche Bank lifted their price objective on shares of Admiral Group from GBX 1,880 ($26.36) to GBX 1,980 ($27.76) and gave the company a “hold” rating in a report on Thursday, January 4th. Finally, HSBC lowered their price objective on shares of Admiral Group from GBX 2,100 ($29.44) to GBX 2,045 ($28.67) and set a “hold” rating on the stock in a report on Thursday, November 23rd.

Shares of Admiral Group (ADM) opened at GBX 1,820 ($25.52) on Friday. The stock has a market capitalization of $5,320.00 and a price-to-earnings ratio of 2,275.00. Admiral Group has a 12-month low of GBX 1,698 ($23.81) and a 12-month high of GBX 2,184 ($30.62).

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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.

Analyst Recommendations for Admiral Group (LON:ADM)

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