Admiral Group plc (LON:ADM) Receives GBX 2,787.43 Consensus PT from Brokerages

Admiral Group plc (LON:ADM) has been given a consensus recommendation of “Hold” by the seven ratings firms that are currently covering the company, Marketbeat.com reports. Two analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and two have given a buy recommendation to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is GBX 2,787.43.

Separately, Royal Bank Of Canada lowered Admiral Group to a “sector perform” rating and dropped their target price for the stock from GBX 3,560 to GBX 3,450 in a research report on Friday, June 19th.

Admiral Group Trading Down 0.6%

Shares of LON ADM opened at GBX 3,572 on Tuesday. The company has a market cap of £10.68 billion, a price-to-earnings ratio of 14.78, a price-to-earnings-growth ratio of 1.69 and a beta of 0.19. Admiral Group has a 12-month low of GBX 2,624 and a 12-month high of GBX 3,730. The company has a current ratio of 6.56, a quick ratio of 0.42 and a debt-to-equity ratio of 131.19. The stock’s 50 day simple moving average is GBX 3,424.11 and its 200 day simple moving average is GBX 3,198.80.

Insider Activity

In other news, insider Geraint Jones purchased 249 shares of the stock in a transaction dated Friday, June 5th. The stock was acquired at an average price of GBX 3,308 per share, for a total transaction of £8,236.92. Company insiders own 13.71% of the company’s stock.

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.