Nomura Gives Buy Rating to Admiral Group (ADM)
Admiral Group (LON: ADM)‘s stock had its “buy” rating restated by equities researchers at Nomura in a report issued on Thursday. They currently have a $21.77 (1350 GBX) target price on the stock.
Admiral Group opened at 1084.00 on Thursday. Admiral Group has a 52-week low of GBX 784.65 and a 52-week high of GBX 1354.00. The company’s market cap is £2.941 billion.
ADM has been the subject of a number of other recent research reports. Analysts at Canaccord Genuity downgraded shares of Admiral Group to a “sell” rating in a research note to investors on Monday, September 3rd. They now have a $16.67 price target on the stock. Analysts at Exane BNP Paribas reiterated an “underperform” rating on shares of Admiral Group in a research note to investors on Wednesday, August 29th. They now have a $13.25 price target on the stock.
Admiral Group plc is the holding company for the Admiral Group of companies. Its principal activity is selling and administration of private motor insurance and related products.
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