Brokerages Set Admiral Group plc (LON:ADM) Price Target at GBX 2,787.43

Shares of Admiral Group plc (LON:ADM) have received an average recommendation of “Hold” from the seven ratings firms that are presently covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating on the company. The average 1 year price objective among brokerages that have issued a report on 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 lowered their price target for the company from GBX 3,560 to GBX 3,450 in a research report on Friday, June 19th.

Admiral Group Price Performance

Shares of LON:ADM opened at GBX 3,648 on Tuesday. The company has a quick ratio of 0.42, a current ratio of 6.56 and a debt-to-equity ratio of 131.19. The firm has a market capitalization of £10.90 billion, a PE ratio of 15.09, a P/E/G ratio of 1.69 and a beta of 0.19. Admiral Group has a twelve month low of GBX 2,624 and a twelve month high of GBX 3,730. The company has a 50-day moving average price of GBX 3,433.63 and a two-hundred day moving average price of GBX 3,201.94.

Insiders Place Their Bets

In other Admiral Group news, insider Geraint Jones acquired 249 shares of Admiral Group stock in a transaction that occurred on Friday, June 5th. The stock was acquired at an average cost of GBX 3,308 per share, for a total transaction of £8,236.92. Corporate insiders own 13.71% of the company’s stock.

Admiral Group Company Profile

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.