Admiral Group (LON:ADM) Lowered to Sell Rating by The Goldman Sachs Group

The Goldman Sachs Group downgraded shares of Admiral Group (LON:ADM) to a sell rating in a research report sent to investors on Wednesday morning, MarketBeat Ratings reports. The Goldman Sachs Group currently has GBX 2,902 price objective on the stock, down from their previous price objective of GBX 3,954.

Separately, UBS Group lowered Admiral Group to a “neutral” rating and decreased their target price for the company from GBX 3,950 to GBX 3,350 in a research report on Wednesday, December 17th. Two investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Admiral Group has a consensus rating of “Hold” and a consensus target price of GBX 2,858.86.

Admiral Group Stock Down 4.0%

Shares of ADM opened at GBX 2,952.24 on Wednesday. The company has a current ratio of 7.57, a quick ratio of 0.42 and a debt-to-equity ratio of 115.01. Admiral Group has a 12-month low of GBX 2,627 and a 12-month high of GBX 3,686. The firm has a fifty day moving average price of GBX 3,117.55 and a 200-day moving average price of GBX 3,274.51. The firm has a market capitalization of £8.82 billion, a P/E ratio of 10.93, a P/E/G ratio of 1.69 and a beta of 0.18.

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.