Admiral Group plc (LON:ADM) Given Average Rating of "Hold" by Brokerages

Key Points

• Analysts give Admiral Group an average recommendation of Hold based on seven analysts (2 sell, 2 hold, 3 buy), with an average 1‑year price target of GBX 2,803.14.
• Recent broker actions are divergent: Goldman Sachs downgraded Admiral to Sell and cut its target to GBX 2,902, while UBS and Royal Bank of Canada moved to Buy/Outperform with targets of GBX 3,500 and GBX 3,560 respectively.
• Shares opened at GBX 3,214, trading in a 1‑year range of GBX 2,624–3,686, and the company has a market cap of £9.61bn with a P/E of 11.90.

Shares of Admiral Group plc (LON:ADM - Get Free Report) have been given an average recommendation of "Hold" by the seven analysts that are covering the firm, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, two have issued a hold recommendation and three have given a buy recommendation to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is GBX 2,803.14.

ADM has been the topic of several recent analyst reports. Royal Bank Of Canada reaffirmed an "outperform" rating and set a GBX 3,560 price objective on shares of Admiral Group in a report on Wednesday, March 18th. The Goldman Sachs Group downgraded shares of Admiral Group to a "sell" rating and reduced their price target for the stock from GBX 3,954 to GBX 2,902 in a research report on Wednesday, January 21st. Finally, UBS Group raised shares of Admiral Group to a "buy" rating and raised their price target for the company from GBX 3,300 to GBX 3,500 in a research note on Tuesday, March 10th.

Admiral Group Price Performance

Shares of ADM stock opened at GBX 3,214 on Friday. Admiral Group has a 1-year low of GBX 2,624 and a 1-year high of GBX 3,686. The company has a market cap of £9.61 billion, a price-to-earnings ratio of 11.90, a PEG ratio of 1.69 and a beta of 0.23. The stock has a 50 day simple moving average of GBX 2,976.59 and a 200-day simple moving average of GBX 3,111.54.

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

Admiral Group Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.