Admiral Group (LON:ADM) Earns Hold Rating from Peel Hunt

Peel Hunt reissued their hold rating on shares of Admiral Group (LON:ADM) in a report released on Wednesday, LSE.Co.UK reports. The firm currently has a GBX 2,230 ($29.33) price objective on the stock.

Other analysts also recently issued reports about the company. Barclays restated an overweight rating on shares of Admiral Group in a report on Monday, February 3rd. Deutsche Bank restated a hold rating on shares of Admiral Group in a report on Monday, February 3rd. JPMorgan Chase & Co. decreased their price objective on Admiral Group from GBX 1,950 ($25.65) to GBX 1,925 ($25.32) and set an underweight rating for the company in a report on Friday, January 31st. Royal Bank of Canada restated a sector performer rating on shares of Admiral Group in a report on Wednesday, December 11th. Finally, Morgan Stanley increased their price objective on Admiral Group from GBX 1,900 ($24.99) to GBX 2,100 ($27.62) and gave the company an equal weight rating in a report on Friday, February 7th. Three equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have given a buy rating to the stock. The stock currently has an average rating of Hold and an average price target of GBX 2,140.90 ($28.16).

LON ADM opened at GBX 2,326 ($30.60) on Wednesday. The company has a market capitalization of $6.84 billion and a price-to-earnings ratio of 16.84. Admiral Group has a twelve month low of GBX 1,989 ($26.16) and a twelve month high of GBX 2,343 ($30.82). The stock has a fifty day simple moving average of GBX 2,296.44 and a 200 day simple moving average of GBX 2,157.02. The company has a quick ratio of 0.77, a current ratio of 1.10 and a debt-to-equity ratio of 76.28.

In related news, insider Andy Crossley acquired 943 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The stock was acquired at an average cost of GBX 2,109 ($27.74) per share, for a total transaction of £19,887.87 ($26,161.37).

About Admiral Group

Admiral Group plc provides car insurance products primarily in the United Kingdom, Spain, Italy, France, and the United States. The company operates through four segments: UK Insurance, International Car Insurance, Price Comparison, and Other. It underwrites car insurance and other insurance products; offers van insurance and associated products primarily to small businesses, as well as general insurance products; and provides household insurance, and commercial vehicle insurance broking services.

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Analyst Recommendations for Admiral Group (LON:ADM)

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