Admiral Group plc (LON:ADM - Get Free Report) shares passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 3,329 and traded as high as GBX 3,942. Admiral Group shares last traded at GBX 3,898.16, with a volume of 116,365,664 shares traded.
Wall Street Analyst Weigh In
A number of equities analysts recently issued reports on the stock. Citigroup upped their price target on shares of Admiral Group from GBX 4,243 to GBX 4,516 and gave the stock a "buy" rating in a research note on Friday, August 7th. Berenberg Bank raised their price objective on shares of Admiral Group from GBX 3,800 to GBX 4,200 and gave the company a "buy" rating in a research note on Friday, August 7th. Finally, Royal Bank Of Canada lifted their target price on shares of Admiral Group from GBX 3,450 to GBX 3,950 and gave the stock a "sector perform" rating in a report on Wednesday, August 12th. Three investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of GBX 3,569.67.
Check Out Our Latest Stock Analysis on Admiral Group
Admiral Group Trading Up 0.1%
The company has a debt-to-equity ratio of 139.06, a quick ratio of 0.42 and a current ratio of 4.99. The firm has a market cap of £11.65 billion, a PE ratio of 16.13, a price-to-earnings-growth ratio of 1.69 and a beta of 0.19. The stock has a 50-day simple moving average of GBX 3,630.77 and a two-hundred day simple moving average of GBX 3,329.
Insiders Place Their Bets
In related news, insider Geraint Jones bought 249 shares of the company's stock in a transaction that occurred on Friday, June 5th. The shares were bought at an average price of GBX 3,308 per share, for a total transaction of £8,236.92. 13.71% of the stock is currently owned by company 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. 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.
Further Reading
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