Admiral Group plc (ADM) Price Target Raised to GBX 1,750
Admiral Group plc (LON:ADM) had its target price increased by Credit Suisse Group from GBX 1,650 ($21.55) to GBX 1,750 ($22.85) in a research note published on Wednesday morning, MarketBeat Ratings reports. The firm currently has an underperform rating on the stock.
Several other analysts have also issued reports on the company. Deutsche Bank AG upped their target price on Admiral Group plc from GBX 1,670 ($21.81) to GBX 1,760 ($22.98) and gave the stock a sell rating in a research note on Friday, March 24th. Shore Capital reaffirmed a sell rating on shares of Admiral Group plc in a research note on Wednesday, May 3rd. Macquarie reaffirmed an underperform rating and issued a GBX 1,500 ($19.59) target price on shares of Admiral Group plc in a research note on Monday, June 19th. BNP Paribas reaffirmed a neutral rating on shares of Admiral Group plc in a research note on Friday, March 24th. Finally, Peel Hunt reaffirmed a hold rating and issued a GBX 1,751 ($22.86) target price on shares of Admiral Group plc in a research note on Wednesday, May 3rd. Six equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the company’s stock. Admiral Group plc has an average rating of Hold and an average price target of GBX 1,904.42 ($24.87).
Shares of Admiral Group plc (ADM) opened at 2019.00 on Wednesday. The firm’s 50-day moving average is GBX 2,033.09 and its 200-day moving average is GBX 1,927.32. The firm’s market capitalization is GBX 5.40 billion. Admiral Group plc has a 52 week low of GBX 1,680.00 and a 52 week high of GBX 2,288.00.
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About Admiral Group plc
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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