Royal Bank Of Canada Reiterates “Outperform” Rating for Admiral Group (LON:ADM)

Admiral Group (LON:ADM)‘s stock had its “outperform” rating reiterated by analysts at Royal Bank Of Canada in a report issued on Wednesday, MarketBeat Ratings reports. They currently have a GBX 3,560 price objective on the stock. Royal Bank Of Canada’s price objective suggests a potential upside of 8.94% from the stock’s previous close.

Other research analysts have also issued reports about the company. UBS Group upgraded Admiral Group to a “buy” rating and lifted their target price for the stock from GBX 3,300 to GBX 3,500 in a report on Tuesday, March 10th. The Goldman Sachs Group cut Admiral Group to a “sell” rating and cut their price objective for the company from GBX 3,954 to GBX 2,902 in a report on Wednesday, January 21st. Three investment analysts have rated the stock with a Buy rating, two have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of GBX 2,803.14.

Admiral Group Stock Performance

Shares of LON ADM opened at GBX 3,268 on Wednesday. Admiral Group has a 52-week low of GBX 2,624 and a 52-week high of GBX 3,686. The stock has a market cap of £9.77 billion, a P/E ratio of 12.10, a P/E/G ratio of 1.69 and a beta of 0.23. The firm has a 50 day moving average price of GBX 2,937.34 and a 200 day moving average price of GBX 3,130.96.

Admiral Group (LON:ADM) last announced its quarterly earnings results on Thursday, March 5th. The company reported GBX 247.40 earnings per share for the quarter. Admiral Group had a net margin of 13.47% and a return on equity of 51.59%. Analysts predict that Admiral Group will post 161.0199297 earnings per share for the current fiscal year.

Admiral Group Company Profile

Admiral Group plc is an established financial services provider offering motor, household, travel and pet insurance, as well as personal lending products, trading in five countries, namely the UK, France, Italy, Spain and the US. Founded in 1993, Admiral has grown to become an established multinational and multi-product insurer and is proud to be Wales’ only FTSE 100 Company. As the leading personal motor insurance provider in the UK, Admiral continues to focus on technology and agility, diversifying the businesses, and progressing with the evolution of motor.