Admiral Group (LON:ADM - Get Free Report) had its target price lifted by Berenberg Bank from GBX 3,550 ($47.99) to GBX 3,850 ($52.05) in a research report issued on Tuesday,London Stock Exchange reports. The brokerage presently has a "buy" rating on the stock. Berenberg Bank's price objective indicates a potential upside of 15.13% from the company's current price.
Admiral Group Stock Performance
LON ADM opened at GBX 3,344 ($45.21) on Tuesday. The company has a debt-to-equity ratio of 115.01, a current ratio of 7.57 and a quick ratio of 0.42. The company has a market cap of £10.23 billion, a P/E ratio of 25.52, a P/E/G ratio of 1.69 and a beta of 0.18. The stock has a 50-day moving average of GBX 3,319.01 and a two-hundred day moving average of GBX 3,058.60. Admiral Group has a 1-year low of GBX 2,383 ($32.22) and a 1-year high of GBX 3,474.42 ($46.97).
Insider Buying and Selling
In other news, insider Michael Brierley acquired 28 shares of the firm's stock in a transaction dated Tuesday, July 15th. The stock was acquired at an average cost of GBX 3,272 ($44.23) per share, with a total value of £916.16 ($1,238.56). 18.30% of the stock is owned by corporate insiders.
Admiral Group Company Profile
(
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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