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

Key Points

• Analysts have an average recommendation of "Hold" on Admiral Group from seven brokers (2 sell, 3 hold, 2 buy) with an average 1‑year price target of GBX 2,737.43.
• Recent broker moves are mixed: UBS upgraded to buy and raised its target to GBX 3,500, while Goldman Sachs downgraded to sell (PT GBX 2,902) and RBC cut to sector perform (PT GBX 3,100).
• The stock opened at GBX 3,166, has a market cap of £9.46bn, a P/E of 11.73 and a 52‑week range of GBX 2,624–3,686; last quarter EPS was GBX 247.40 with a return on equity of 51.59%.

Shares of Admiral Group plc (LON:ADM - Get Free Report) have earned an average recommendation of "Hold" from the seven ratings firms that are covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company. The average 1 year price objective among brokers that have covered the stock in the last year is GBX 2,737.43.

Several brokerages have recently issued reports on ADM. UBS Group raised shares of Admiral Group to a "buy" rating and boosted their price target for the company from GBX 3,300 to GBX 3,500 in a report on Tuesday. The Goldman Sachs Group downgraded Admiral Group to a "sell" rating and dropped their price objective for the stock from GBX 3,954 to GBX 2,902 in a research note on Wednesday, January 21st. Finally, Royal Bank Of Canada lowered Admiral Group to a "sector perform" rating and decreased their price objective for the company from GBX 3,600 to GBX 3,100 in a research report on Thursday, January 22nd.

Admiral Group Price Performance

Admiral Group stock opened at GBX 3,166 on Wednesday. The firm has a market capitalization of £9.46 billion, a price-to-earnings ratio of 11.73, a PEG ratio of 1.69 and a beta of 0.23. The company's 50 day simple moving average is GBX 2,914.58 and its 200 day simple moving average is GBX 3,142.26. Admiral Group has a fifty-two week low of GBX 2,624 and a fifty-two week high of GBX 3,686.

Admiral Group (LON:ADM - Get Free Report) last issued its earnings results 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%. As a group, analysts predict that Admiral Group will post 161.0199297 EPS for the current fiscal 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.

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.