Admiral Group (LON:ADM) Stock Crosses Above 200-Day Moving Average - Should You Sell?

Key Points

• Admiral Group shares crossed above their 200‑day moving average (200‑day: GBX 3,115.36) — last traded GBX 3,166.85 with an intraday high of GBX 3,272 on volume 1,261,677, a short‑term technical bullish signal.
• Analyst sentiment is mixed (three Buys, two Holds, two Sells) resulting in an average rating of Hold and an average target price of GBX 2,803.14, which is below the current share price.
• Fundamentals show a market cap of £9.43bn, a P/E of 13.05, net margin 13.47% and a strong ROE of 51.59%, with quarterly EPS reported at GBX 247.40.

Admiral Group plc (LON:ADM - Get Free Report)'s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 3,115.36 and traded as high as GBX 3,272. Admiral Group shares last traded at GBX 3,166.85, with a volume of 1,261,677 shares trading hands.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a GBX 3,560 target price on shares of Admiral Group in a report on Wednesday, March 18th. UBS Group upgraded shares of Admiral Group to a "buy" rating and raised their price objective for the company from GBX 3,300 to GBX 3,500 in a research note on Tuesday, March 10th. Finally, The Goldman Sachs Group cut shares of Admiral Group to a "sell" rating and reduced their price objective for the company from GBX 3,954 to GBX 2,902 in a research note on Wednesday, January 21st. Three research analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of GBX 2,803.14.

Admiral Group Price Performance

The company's 50 day moving average is GBX 3,218.63 and its 200 day moving average is GBX 3,115.36. The stock has a market cap of £9.43 billion, a price-to-earnings ratio of 13.05, a PEG ratio of 1.69 and a beta of 0.18.

Admiral Group (LON:ADM - Get Free Report) last announced its quarterly earnings data on Thursday, March 5th. The company reported GBX 247.40 EPS for the quarter. Admiral Group had a net margin of 13.47% and a return on equity of 51.59%. Sell-side analysts predict that Admiral Group plc will post 161.0199297 earnings per share for the current year.

About Admiral Group

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.

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