Deutsche Bank restated their hold rating on shares of Admiral Group (LON:ADM) in a research report released on Friday, ThisIsMoney.Co.Uk reports.
A number of other research firms also recently weighed in on ADM. Goldman Sachs Group set a €76.00 ($88.37) target price on Symrise and gave the stock a neutral rating in a research report on Thursday, March 21st. Peel Hunt reissued a hold rating on shares of Charles Stanley Group in a research report on Thursday, April 11th. Morgan Stanley reissued an overweight rating on shares of in a research report on Wednesday, June 19th. Barclays reissued an overweight rating and set a GBX 310 ($4.05) target price on shares of in a research report on Monday, June 24th. Finally, Shore Capital reissued a house stock rating on shares of WM Morrison Supermarkets in a research report on Wednesday, May 1st. Four research analysts have rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the stock. Admiral Group currently has an average rating of Hold and a consensus price target of GBX 2,111.56 ($27.59).
Admiral Group stock opened at GBX 2,271 ($29.67) on Friday. The company has a quick ratio of 1.16, a current ratio of 1.67 and a debt-to-equity ratio of 57.61. The business has a 50-day simple moving average of GBX 2,155.96. The company has a market capitalization of $6.61 billion and a price-to-earnings ratio of 16.60. Admiral Group has a 52 week low of GBX 1,882.50 ($24.60) and a 52 week high of GBX 2,300 ($30.05).
In other news, insider Michael Brierley bought 937 shares of the firm’s stock in a transaction that occurred on Wednesday, May 1st. The shares were acquired at an average cost of GBX 2,214 ($28.93) per share, with a total value of £20,745.18 ($27,107.25).
Admiral Group Company Profile
Admiral Group plc provides car insurance products primarily in the United Kingdom, Spain, Italy, France, and the United States. The company operates through four segments: UK Insurance, International Car Insurance, Price Comparison, and Other. It underwrites car insurance and other insurance products; offers van insurance and associated products primarily to small businesses, as well as general insurance products; and provides household insurance, and commercial vehicle insurance broking services.
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