Admiral Group plc (LON:ADM - Get Free Report) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 3,294.53 ($44.23) and traded as high as GBX 3,348 ($44.95). Admiral Group shares last traded at GBX 3,314 ($44.50), with a volume of 992,721 shares.
Wall Street Analysts Forecast Growth
ADM has been the topic of several analyst reports. Citigroup lifted their price target on Admiral Group to GBX 260 and gave the stock a "neutral" rating in a report on Tuesday, July 29th. JPMorgan Chase & Co. lifted their price target on Admiral Group from GBX 2,700 to GBX 3,050 and gave the stock a "neutral" rating in a report on Wednesday, July 30th. Royal Bank Of Canada restated an "outperform" rating and issued a GBX 4,100 price objective on shares of Admiral Group in a report on Tuesday, September 2nd. Berenberg Bank boosted their price objective on shares of Admiral Group from GBX 3,850 to GBX 4,000 and gave the company a "buy" rating in a report on Friday, August 15th. Finally, Peel Hunt lowered shares of Admiral Group to a "sell" rating and boosted their price objective for the company from GBX 2,270 to GBX 2,350 in a report on Friday, September 5th. Two investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of GBX 2,752.
Check Out Our Latest Stock Report on Admiral Group
Admiral Group Stock Performance
The company has a market capitalization of £9.84 billion, a price-to-earnings ratio of 1,219.26, a P/E/G ratio of 1.69 and a beta of 0.18. 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 firm has a 50-day simple moving average of GBX 3,415.78 and a two-hundred day simple moving average of GBX 3,294.53.
Insider Transactions at Admiral Group
In other Admiral Group news, insider Geraint Jones sold 18,933 shares of Admiral Group stock in a transaction dated Monday, September 22nd. The stock was sold at an average price of GBX 3,265, for a total value of £618,162.45. Also, insider Michael Brierley bought 28 shares of the company's stock in a transaction on Tuesday, July 15th. The stock was purchased at an average cost of GBX 3,272 per share, with a total value of £916.16. 13.72% of the stock is owned by corporate insiders.
About Admiral Group
(
Get Free Report)
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.
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