Admiral Group plc (LON:ADM) Given Consensus Rating of “Hold” by Brokerages

Shares of Admiral Group plc (LON:ADM) have earned a consensus recommendation of “Hold” from the seven research firms that are covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is GBX 2,787.43.

Several research firms have issued reports on ADM. UBS Group upgraded Admiral Group to a “buy” rating and upped their price objective for the company from GBX 3,300 to GBX 3,500 in a research note on Tuesday, March 10th. Royal Bank Of Canada lowered Admiral Group to a “sector perform” rating and lowered their target price for the stock from GBX 3,560 to GBX 3,450 in a research note on Friday, June 19th.

Admiral Group Price Performance

LON:ADM opened at GBX 3,480 on Friday. The company has a quick ratio of 0.42, a current ratio of 6.56 and a debt-to-equity ratio of 131.19. The stock’s 50 day moving average price is GBX 3,355 and its two-hundred day moving average price is GBX 3,148.75. The firm has a market capitalization of £10.40 billion, a price-to-earnings ratio of 14.40, a P/E/G ratio of 1.69 and a beta of 0.18. Admiral Group has a 12-month low of GBX 2,624 and a 12-month high of GBX 3,686.

Insiders Place Their Bets

In other news, insider Geraint Jones acquired 249 shares of Admiral Group stock in a transaction that occurred on Friday, June 5th. The shares were acquired at an average price of GBX 3,308 per share, for a total transaction of £8,236.92. 13.71% of the stock is owned by corporate 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.