Admiral Group plc (LON:ADM) Stock Rating Reaffirmed by Peel Hunt

Admiral Group plc (LON:ADM)‘s stock had its “hold” rating restated by analysts at Peel Hunt in a research report issued to clients and investors on Monday. They presently have a GBX 1,751 ($22.68) target price on the stock. Peel Hunt’s target price points to a potential downside of 14.00% from the stock’s current price.

Several other brokerages have also issued reports on ADM. Macquarie reaffirmed an “underperform” rating and issued a GBX 1,500 ($19.43) target price on shares of Admiral Group plc in a research note on Monday, June 19th. Deutsche Bank AG raised their target price on shares of Admiral Group plc from GBX 1,670 ($21.63) to GBX 1,760 ($22.80) and gave the company a “sell” rating in a research note on Friday, March 24th. J P Morgan Chase & Co reaffirmed an “overweight” rating and issued a GBX 2,100 ($27.20) target price on shares of Admiral Group plc in a research note on Friday, March 31st. Shore Capital reaffirmed a “sell” rating on shares of Admiral Group plc in a research note on Wednesday, May 3rd. Finally, Goldman Sachs Group, Inc. (The) raised their target price on shares of Admiral Group plc from GBX 1,780 ($23.06) to GBX 2,075 ($26.88) and gave the company a “neutral” rating in a research note on Monday, May 8th. Six investment analysts have rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of GBX 1,855.82 ($24.04).

Shares of Admiral Group plc (ADM) opened at 2029.00 on Monday. The firm’s 50 day moving average is GBX 2,033.09 and its 200-day moving average is GBX 1,927.32. Admiral Group plc has a 52-week low of GBX 1,680.00 and a 52-week high of GBX 2,288.00. The company’s market capitalization is GBX 5.43 billion.

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In related news, insider Geraint Jones sold 4,700 shares of the stock in a transaction that occurred on Tuesday, April 18th. The shares were sold at an average price of GBX 2,024 ($26.22), for a total value of £95,128 ($123,222.80).

About Admiral Group plc

Admiral Group plc is a United Kingdom-based company engaged in the provision of car insurance. The Company has four segments: UK Car Insurance, International Car Insurance, Price Comparison and Other. The UK Car Insurance segment consists of the underwriting of car insurance and other products that supplement the car insurance policy within the United Kingdom.

Analyst Recommendations for Admiral Group plc (LON:ADM)

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