Admiral Group (LON:ADM) had its price objective raised by Citigroup Inc. from GBX 1,215 ($19.89) to GBX 1,220 ($19.97) in a research report released on Monday morning, AnalystRatings.Net reports. Citigroup Inc. currently has a neutral rating on the stock.
Citigroup Inc. has also taken action a number of other stocks recently. The firm upgraded shares of Sasol Limited from a neutral rating to a buy rating. Also, Citigroup Inc. reiterated its buy rating on shares of Rio Tinto. Finally, Citigroup Inc. downgraded shares of Petroleo Brasileiro SA from a buy rating to a neutral rating. Their analysts now have a $14.00 price target on that stock, down previously from $25.00.
A number of other firms have also recently commented on ADM. Analysts at HSBC reiterated an overweight rating on shares of Admiral Group in a research note to investors on Tuesday, November 26th. They now have a GBX 1,550 ($25.38) price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated an underweight rating on shares of Admiral Group in a research note to investors on Tuesday, November 26th. They now have a GBX 1,022 ($16.73) price target on the stock. Finally, analysts at BNP Paribas reiterated an underperform rating on shares of Admiral Group in a research note to investors on Thursday, November 21st. They now have a GBX 903 ($14.78) price target on the stock. Nine analysts have rated the stock with a sell rating, seven have given a hold rating and five have issued a buy rating to the company’s stock. The company currently has an average rating of Hold and an average price target of GBX 1,192.65 ($19.53).
Admiral Group (LON:ADM) opened at 1204.00 on Monday. Admiral Group has a 1-year low of GBX 1106.00 and a 1-year high of GBX 1425.00. The stock’s 50-day moving average is GBX 1251. and its 200-day moving average is GBX 1283.31. The company’s market cap is £3.298 billion.
Admiral Group plc is the holding company for the Admiral Group of companies. Its principal activity is selling and administration of private motor insurance and related products.
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