Admiral Group plc (LON:ADM) Receives Consensus Rating of "Hold" from Analysts

Key Points

• Admiral Group has a consensus “Hold” rating from six analysts: three buys, one hold and two sells. The average 12-month price target is GBX 3,486.33.
• Analyst views were mixed but recently positive: Berenberg raised its target to GBX 4,200 and Citi lifted its target to GBX 4,516, both retaining “buy” ratings, while RBC downgraded the stock to “sector perform” with a GBX 3,450 target.
• Admiral shares opened at GBX 3,886, near their 52-week high of GBX 4,006; insider Geraint Jones also bought 249 shares at GBX 3,308, and insiders collectively own 13.71% of the company.

Shares of Admiral Group plc (LON:ADM - Get Free Report) have been assigned a consensus recommendation of "Hold" from the six ratings firms that are covering the stock, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, one has assigned a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is GBX 3,486.33.

A number of analysts have commented on the stock. Berenberg Bank boosted their price target on shares of Admiral Group from GBX 3,800 to GBX 4,200 and gave the stock a "buy" rating in a research report on Friday. Royal Bank Of Canada cut shares of Admiral Group to a "sector perform" rating and decreased their price objective for the company from GBX 3,560 to GBX 3,450 in a report on Friday, June 19th. Finally, Citigroup raised their price objective on shares of Admiral Group from GBX 4,243 to GBX 4,516 and gave the company a "buy" rating in a research note on Friday.

Insider Transactions at Admiral Group

In other news, insider Geraint Jones purchased 249 shares of the firm's stock in a transaction on Friday, June 5th. The stock was purchased at an average cost of GBX 3,308 per share, with a total value of £8,236.92. Insiders own 13.71% of the company's stock.

Admiral Group Price Performance

Shares of LON ADM opened at GBX 3,886 on Friday. The stock has a market cap of £11.62 billion, a P/E ratio of 16.08, a P/E/G ratio of 1.69 and a beta of 0.19. The firm's 50-day simple moving average is GBX 3,541.19 and its 200 day simple moving average is GBX 3,266.97. Admiral Group has a fifty-two week low of GBX 2,624 and a fifty-two week high of GBX 4,006. The company has a quick ratio of 0.42, a current ratio of 6.56 and a debt-to-equity ratio of 131.19.

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.

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