Admiral Group (LON:ADM) Price Target Raised to GBX 3,950

by · The Cerbat Gem

Admiral Group (LON:ADM – Free Report) had its target price raised by Royal Bank Of Canada from GBX 3,450 to GBX 3,950 in a report published on Wednesday morning,Digital Look reports. Royal Bank Of Canada currently has a sector perform rating on the stock.

A number of other equities research analysts also recently weighed in on the company. Citigroup lifted their target price on Admiral Group from GBX 4,243 to GBX 4,516 and gave the stock a “buy” rating in a report on Friday, August 7th. Berenberg Bank raised their price objective 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, August 7th. Three investment analysts have rated the stock with a Buy rating, one has given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Admiral Group presently has an average rating of “Hold” and a consensus price target of GBX 3,569.67.

Check Out Our Latest Stock Report on ADM

Admiral Group Stock Performance

ADM stock opened at GBX 3,921.95 on Wednesday. The firm has a market cap of £11.72 billion, a PE ratio of 16.23, a price-to-earnings-growth 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. The stock has a 50-day moving average price of GBX 3,598.59 and a 200-day moving average price of GBX 3,299.07. Admiral Group has a 1-year low of GBX 2,624 and a 1-year high of GBX 4,006.

Insider Activity

In other news, insider Geraint Jones bought 249 shares of Admiral Group stock in a transaction dated Friday, June 5th. The stock was bought at an average cost of GBX 3,308 per share, for a total transaction of £8,236.92. 13.71% of the stock is owned by company insiders.

Admiral Group Company Profile

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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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