Admiral Group plc (LON:ADM) Receives Consensus Recommendation of “Reduce” from Analysts

Admiral Group plc (LON:ADM) has earned a consensus rating of “Reduce” from the seven ratings firms that are currently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company. The average 1 year price target among brokerages that have covered the stock in the last year is GBX 2,716.

Several research firms have weighed in on ADM. Royal Bank Of Canada lowered Admiral Group to a “sector perform” rating and lowered their target price for the company from GBX 3,600 to GBX 3,100 in a report on Thursday, January 22nd. The Goldman Sachs Group downgraded shares of Admiral Group to a “sell” rating and cut their target price for the company from GBX 3,954 to GBX 2,902 in a research note on Wednesday, January 21st. Finally, UBS Group downgraded Admiral Group to a “neutral” rating and lowered their price objective for the company from GBX 3,950 to GBX 3,350 in a research report on Wednesday, December 17th.

Admiral Group Stock Down 0.4%

Shares of LON:ADM opened at GBX 2,812 on Friday. Admiral Group has a fifty-two week low of GBX 2,624 and a fifty-two week high of GBX 3,686. The company has a quick ratio of 0.42, a current ratio of 7.57 and a debt-to-equity ratio of 115.01. The firm’s 50-day simple moving average is GBX 2,982.82 and its 200-day simple moving average is GBX 3,210.06. The company has a market cap of £8.41 billion, a price-to-earnings ratio of 10.41, a PEG ratio of 1.69 and a beta of 0.18.

About Admiral Group

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.