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

Key Points

• Admiral Group has a consensus “Hold” rating from six analysts: two rate it a sell, two a hold and two a buy. The average 12-month price target is GBX 3,569.67.
• Recent analyst actions were mixed: Citigroup raised its target to GBX 4,516 with a buy rating, RBC increased its target to GBX 3,950 with a sector-perform rating, while Berenberg downgraded the stock to hold with a GBX 4,200 target.
• The shares opened at GBX 4,004, up 1.7%, near their 52-week high of GBX 4,128. Insider Geraint Jones also purchased 249 shares, while insiders collectively own 13.71% of the company.

Admiral Group plc (LON:ADM - Get Free Report) has been given an average recommendation of "Hold" by the six research firms that are currently covering the stock, MarketBeat reports. Two analysts have rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is GBX 3,569.67.

A number of equities research analysts recently issued reports on ADM shares. Citigroup raised their price objective on Admiral Group from GBX 4,243 to GBX 4,516 and gave the stock a "buy" rating in a research note on Friday, August 7th. Royal Bank Of Canada upped their target price on Admiral Group from GBX 3,450 to GBX 3,950 and gave the company a "sector perform" rating in a research report on Wednesday, August 12th. Finally, Berenberg Bank lowered Admiral Group to a "hold" rating and set a GBX 4,200 target price on the stock. in a report on Thursday, August 27th.

Admiral Group Stock Up 1.7%

LON ADM opened at GBX 4,004 on Wednesday. The company has a current ratio of 4.99, a quick ratio of 0.42 and a debt-to-equity ratio of 139.06. Admiral Group has a 1-year low of GBX 2,624 and a 1-year high of GBX 4,128. The company has a 50 day moving average of GBX 3,741.55 and a 200-day moving average of GBX 3,406.87. The company has a market cap of £11.97 billion, a price-to-earnings ratio of 16.57, a PEG ratio of 1.69 and a beta of 0.19.

Insider Buying and Selling

In other news, insider Geraint Jones acquired 249 shares of the business's stock in a transaction that occurred on Friday, June 5th. The stock was acquired at an average price of GBX 3,308 per share, with a total value of £8,236.92. 13.71% of the stock is currently owned by company insiders.

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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