Admiral Group plc (ADM) Receives Consensus Recommendation of “Hold” from Analysts
Admiral Group plc (LON:ADM) has been given an average rating of “Hold” by the fourteen ratings firms that are presently covering the company, Marketbeat.com reports. Seven investment analysts have rated the stock with a sell rating and seven have assigned a hold rating to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is GBX 1,901.60 ($26.66).
A number of equities research analysts have recently issued reports on ADM shares. JPMorgan Chase & Co. cut shares of Admiral Group to an “underweight” rating and reduced their target price for the company from GBX 1,980 ($27.76) to GBX 1,900 ($26.64) in a research report on Friday, January 5th. Deutsche Bank boosted their target price on shares of Admiral Group from GBX 1,880 ($26.36) to GBX 1,980 ($27.76) and gave the company a “hold” rating in a research report on Thursday, January 4th. HSBC reduced their target price on shares of Admiral Group from GBX 2,100 ($29.44) to GBX 2,045 ($28.67) and set a “hold” rating for the company in a research report on Thursday, November 23rd. Peel Hunt raised shares of Admiral Group to an “add” rating and boosted their target price for the company from GBX 1,751 ($24.55) to GBX 2,078 ($29.14) in a research report on Tuesday, November 7th. Finally, Barclays reduced their target price on shares of Admiral Group from GBX 1,845 ($25.87) to GBX 1,801 ($25.25) and set an “underweight” rating for the company in a research report on Monday, December 11th.
Shares of Admiral Group (LON ADM) opened at GBX 1,820 ($25.52) on Friday. The stock has a market cap of $5,320.00 and a PE ratio of 2,275.00. Admiral Group has a 52-week low of GBX 1,698 ($23.81) and a 52-week high of GBX 2,184 ($30.62).
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Admiral Group Company Profile
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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