Admiral Group plc (LON:ADM - Get Free Report) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 3,114.47 ($41.60) and traded as high as GBX 3,452 ($46.11). Admiral Group shares last traded at GBX 3,434 ($45.87), with a volume of 1,606,736 shares.
Analyst Upgrades and Downgrades
Several analysts have commented on the company. Berenberg Bank upped their price objective on Admiral Group from GBX 3,550 ($47.42) to GBX 3,850 ($51.43) and gave the company a "buy" rating in a research note on Tuesday, July 22nd. JPMorgan Chase & Co. increased their price target on Admiral Group from GBX 2,700 ($36.07) to GBX 3,050 ($40.74) and gave the stock a "neutral" rating in a report on Wednesday, July 30th. Finally, Citigroup boosted their price objective on shares of Admiral Group to GBX 260 ($3.47) and gave the company a "neutral" rating in a research note on Tuesday, July 29th.
Get Our Latest Analysis on Admiral Group
Admiral Group Price Performance
The company has a debt-to-equity ratio of 115.01, a current ratio of 7.57 and a quick ratio of 0.42. The company has a 50-day simple moving average of GBX 3,330.19 and a 200-day simple moving average of GBX 3,114.47. The stock has a market cap of £10.48 billion, a PE ratio of 26.14, a PEG ratio of 1.69 and a beta of 0.18.
Insider Activity at Admiral Group
In related news, insider Michael Brierley bought 28 shares of the stock in a transaction on Tuesday, July 15th. The shares were bought at an average cost of GBX 3,272 ($43.71) per share, for a total transaction of £916.16 ($1,223.83). 18.30% of the stock is owned by company insiders.
Admiral Group Company Profile
(
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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.
Further Reading
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