Admiral Group plc (LON:ADM) Receives Consensus Recommendation of “Hold” from Analysts

Admiral Group plc (LON:ADM) has received a consensus recommendation of “Hold” from the seven brokerages that are currently covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company. The average 12-month price target among brokerages that have covered the stock in the last year is GBX 2,787.43.

Separately, Royal Bank Of Canada lowered shares of Admiral Group to a “sector perform” rating and decreased their price target for the company from GBX 3,560 to GBX 3,450 in a report on Friday, June 19th.

Insiders Place Their Bets

In related news, insider Geraint Jones bought 249 shares of the business’s stock in a transaction on Friday, June 5th. The shares were purchased at an average price of GBX 3,308 per share, for a total transaction of £8,236.92. 13.71% of the stock is owned by corporate insiders.

Admiral Group Stock Down 1.6%

Shares of LON ADM opened at GBX 3,554 on Tuesday. The company has a market cap of £10.62 billion, a price-to-earnings ratio of 14.70, a PEG ratio of 1.69 and a beta of 0.19. The company has a current ratio of 6.56, a quick ratio of 0.42 and a debt-to-equity ratio of 131.19. Admiral Group has a 12 month low of GBX 2,624 and a 12 month high of GBX 3,730. The stock has a 50-day moving average price of GBX 3,406.31 and a two-hundred day moving average price of GBX 3,189.75.

About Admiral Group

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.