Shares of Admiral Group plc (LON:ADM - Get Free Report) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 3,207.30 ($43.31) and traded as high as GBX 3,662 ($49.45). Admiral Group shares last traded at GBX 3,612 ($48.78), with a volume of 749,177 shares changing hands.
Analyst Ratings Changes
A number of research analysts have weighed in on ADM shares. Citigroup boosted their price objective on shares of Admiral Group to GBX 260 and gave the company a "neutral" rating in a research report on Tuesday, July 29th. 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 research report on Friday, August 15th. JPMorgan Chase & Co. boosted their price objective on shares of Admiral Group from GBX 2,700 to GBX 3,050 and gave the company a "neutral" rating in a research report on Wednesday, July 30th. Finally, Royal Bank Of Canada boosted their price objective on shares of Admiral Group from GBX 3,800 to GBX 4,100 and gave the company an "outperform" rating in a research report on Thursday, August 21st. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of GBX 2,852.50.
Read Our Latest Analysis on ADM
Admiral Group Price Performance
The stock has a market capitalization of £10.84 billion, a PE ratio of 1,674.05, a price-to-earnings-growth ratio of 1.69 and a beta of 0.18. The company has a quick ratio of 0.42, a current ratio of 7.57 and a debt-to-equity ratio of 115.01. The stock's 50 day moving average price is GBX 3,400.23 and its 200-day moving average price is GBX 3,218.59.
Insider Buying and Selling at Admiral Group
In related news, insider Mike Rogers acquired 3,350 shares of the company's stock in a transaction that occurred on Thursday, August 14th. The shares were bought at an average price of GBX 3,553 per share, with a total value of £119,025.50. Also, insider Michael Brierley acquired 28 shares of the company's stock in a transaction that occurred on Tuesday, July 15th. The shares were bought at an average cost of GBX 3,272 per share, for a total transaction of £916.16. Company insiders own 13.81% of the company's stock.
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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