Admiral Group (LON:ADM) Given “Outperform” Rating at Royal Bank Of Canada

Royal Bank Of Canada reiterated their outperform rating on shares of Admiral Group (LON:ADM) in a report published on Wednesday, Marketbeat Ratings reports. They currently have a GBX 3,560 price target on the stock.

A number of other equities analysts also recently issued reports on ADM. UBS Group raised Admiral Group to a “buy” rating and upped their price target for the stock from GBX 3,300 to GBX 3,500 in a research report on Tuesday, March 10th. The Goldman Sachs Group downgraded Admiral Group to a “sell” rating and dropped their target price for the stock from GBX 3,954 to GBX 2,902 in a research note on Wednesday, January 21st. Three investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Admiral Group currently has a consensus rating of “Hold” and an average target price of GBX 2,803.14.

Admiral Group Stock Up 0.2%

ADM opened at GBX 3,304 on Wednesday. The company has a market capitalization of £9.88 billion, a PE ratio of 12.24, a price-to-earnings-growth ratio of 1.69 and a beta of 0.23. The firm has a 50-day simple moving average of GBX 2,933.02 and a two-hundred day simple moving average of GBX 3,130. Admiral Group has a 52 week low of GBX 2,624 and a 52 week high of GBX 3,686.

Admiral Group (LON:ADM) last posted its earnings results on Thursday, March 5th. The company reported GBX 247.40 EPS for the quarter. Admiral Group had a net margin of 13.47% and a return on equity of 51.59%. As a group, sell-side analysts expect that Admiral Group will post 161.0199297 earnings per share for the current year.

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.