Admiral Group (LON:ADM) Upgraded by UBS Group to Buy Rating

UBS Group upgraded shares of Admiral Group (LON:ADM) to a buy rating in a report issued on Tuesday, MarketBeat reports. The firm currently has GBX 3,500 target price on the stock, up from their previous target price of GBX 3,300.

Several other analysts have also recently commented on the stock. Royal Bank Of Canada cut shares of Admiral Group to a “sector perform” rating and lowered their target price for the stock from GBX 3,600 to GBX 3,100 in a research note on Thursday, January 22nd. The Goldman Sachs Group lowered shares of Admiral Group to a “sell” rating and cut their price target for the company from GBX 3,954 to GBX 2,902 in a report on Wednesday, January 21st. Two equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, Admiral Group currently has an average rating of “Hold” and an average target price of GBX 2,737.43.

Admiral Group Price Performance

LON:ADM opened at GBX 3,166 on Tuesday. Admiral Group has a 1-year low of GBX 2,624 and a 1-year high of GBX 3,686. The firm’s fifty day moving average price is GBX 2,914.58 and its 200 day moving average price is GBX 3,142.26. The firm has a market cap of £9.46 billion, a price-to-earnings ratio of 11.73, a price-to-earnings-growth ratio of 1.69 and a beta of 0.23.

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

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.