Admiral Group plc (LON:ADM - Get Free Report) shares passed above its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of GBX 3,555.57 and traded as high as GBX 3,750. Admiral Group shares last traded at GBX 3,750, with a volume of 418,270 shares traded.
Wall Street Analysts Forecast Growth
ADM has been the topic of several recent research reports. Citigroup raised their price target on shares of Admiral Group from GBX 4,243 to GBX 4,516 and gave the company a "buy" rating in a research report on Friday, August 7th. Royal Bank Of Canada boosted their price objective on Admiral Group from GBX 3,450 to GBX 3,950 and gave the stock a "sector perform" rating in a report on Wednesday, August 12th. Finally, Berenberg Bank lowered Admiral Group to a "hold" rating and set a GBX 4,200 price objective for the company. in a report on Thursday, August 27th. Two research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of GBX 3,813.60.
Get Our Latest Report on ADM
Admiral Group Price Performance
The stock's 50-day moving average price is GBX 3,811.03 and its two-hundred day moving average price is GBX 3,555.57. The stock has a market capitalization of £11.21 billion, a P/E ratio of 17.17, a P/E/G ratio of 1.69 and a beta of 0.19. The company has a current ratio of 4.99, a quick ratio of 0.42 and a debt-to-equity ratio of 139.06.
Insider Activity
In related news, insider Rachel Lewis sold 6,481 shares of Admiral Group stock in a transaction dated Monday, September 28th. The stock was sold at an average price of GBX 3,626, for a total value of £235,001.06. Also, insider Milena Mondini de Focatiis sold 39,950 shares of the business's stock in a transaction dated Monday, September 28th. The shares were sold at an average price of GBX 3,626, for a total value of £1,448,587. Company insiders own 13.71% of the company's stock.
About Admiral Group
(
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. 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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