Brokerages Set Admiral Group plc (LON:ADM) PT at GBX 2,851.67

Shares of Admiral Group plc (LON:ADM) have been assigned a consensus recommendation of “Reduce” from the seven brokerages that are presently covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, four have given a hold recommendation and one has given a buy recommendation to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is GBX 2,716.

ADM has been the subject of several research analyst reports. Royal Bank Of Canada cut shares of Admiral Group to a “sector perform” rating and reduced their price target for the company from GBX 3,600 to GBX 3,100 in a report on Thursday, January 22nd. UBS Group lowered shares of Admiral Group to a “neutral” rating and reduced their target price for the stock from GBX 3,950 to GBX 3,350 in a research note on Wednesday, December 17th. Finally, The Goldman Sachs Group cut Admiral Group to a “sell” rating and lowered their target price for the stock from GBX 3,954 to GBX 2,902 in a report on Wednesday, January 21st.

Admiral Group Price Performance

LON ADM opened at GBX 2,627.30 on Tuesday. The company has a debt-to-equity ratio of 115.01, a quick ratio of 0.42 and a current ratio of 7.57. The stock has a market cap of £7.85 billion, a price-to-earnings ratio of 9.73, a PEG ratio of 1.69 and a beta of 0.18. The business has a 50 day simple moving average of GBX 3,090.51 and a 200 day simple moving average of GBX 3,261.87. Admiral Group has a 52-week low of GBX 2,626 and a 52-week high of GBX 3,686.

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.