Peel Hunt Reaffirms Hold Rating for Admiral Group plc (LON:ADM)
A number of other brokerages have also recently issued reports on ADM. Goldman Sachs Group, Inc. (The) upped their target price on shares of Admiral Group plc from GBX 1,780 ($23.18) to GBX 2,075 ($27.02) and gave the company a neutral rating in a report on Monday, May 8th. Macquarie reaffirmed an underperform rating and issued a GBX 1,500 ($19.53) target price on shares of Admiral Group plc in a report on Monday, June 19th. HSBC Holdings plc reaffirmed a hold rating and issued a GBX 2,100 ($27.35) target price on shares of Admiral Group plc in a report on Tuesday, June 13th. Deutsche Bank AG reaffirmed a sell rating and issued a GBX 1,845 ($24.03) target price on shares of Admiral Group plc in a report on Friday, July 21st. Finally, Shore Capital reaffirmed a sell rating on shares of Admiral Group plc in a report on Wednesday, May 3rd. Six research analysts have rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the company’s stock. Admiral Group plc presently has an average rating of Hold and a consensus target price of GBX 1,904.42 ($24.80).
Shares of Admiral Group plc (LON:ADM) opened at 2167.00 on Friday. Admiral Group plc has a 12 month low of GBX 1,680.00 and a 12 month high of GBX 2,288.00. The firm’s market capitalization is GBX 5.80 billion. The stock has a 50 day moving average price of GBX 2,044.01 and a 200 day moving average price of GBX 1,976.33.
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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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