Admiral Group (LON:ADM) Insider Sells £618,162.45 in Stock

Admiral Group plc (LON:ADM) insider Geraint Jones sold 18,933 shares of the firm’s stock in a transaction dated Monday, September 22nd. The shares were sold at an average price of GBX 3,265, for a total value of £618,162.45.

Admiral Group Trading Down 1.2%

LON:ADM opened at GBX 3,192 on Thursday. The firm has a market capitalization of £9.54 billion, a price-to-earnings ratio of 1,182.22, a PEG ratio of 1.69 and a beta of 0.18. The company has a current ratio of 7.57, a quick ratio of 0.42 and a debt-to-equity ratio of 115.01. The business’s 50-day moving average price is GBX 3,420.56 and its two-hundred day moving average price is GBX 3,273.47. Admiral Group plc has a 1-year low of GBX 2,383 and a 1-year high of GBX 3,686.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on ADM shares. Royal Bank Of Canada reissued an “outperform” rating and issued a GBX 4,100 target price on shares of Admiral Group in a research report on Tuesday, September 2nd. Citigroup lifted their target price on Admiral Group to GBX 260 and gave the stock a “neutral” rating in a research note on Tuesday, July 29th. JPMorgan Chase & Co. lifted their target price on Admiral Group from GBX 2,700 to GBX 3,050 and gave the stock a “neutral” rating in a research note on Wednesday, July 30th. Peel Hunt downgraded Admiral Group to a “sell” rating and lifted their target price for the stock from GBX 2,270 to GBX 2,350 in a research note on Friday, September 5th. Finally, Berenberg Bank lifted their target price on Admiral Group from GBX 3,850 to GBX 4,000 and gave the stock a “buy” rating in a research note on Friday, August 15th. Two analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of GBX 2,752.

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.