Admiral Group plc (LON:ADM) Receives Consensus Rating of “Hold” from Brokerages

Admiral Group plc (LON:ADM) has received a consensus rating of “Hold” from the seven ratings firms that are currently covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a sell recommendation, three have given a hold recommendation and two have given a buy recommendation to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is GBX 2,787.43.

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

Admiral Group Trading Down 1.8%

Shares of ADM opened at GBX 3,512 on Tuesday. The firm’s 50-day moving average price is GBX 3,441.43 and its 200-day moving average price is GBX 3,204.82. The firm has a market capitalization of £10.50 billion, a price-to-earnings ratio of 14.53, a PEG ratio of 1.69 and a beta of 0.19. The company has a current ratio of 6.56, a quick ratio of 0.42 and a debt-to-equity ratio of 131.19. Admiral Group has a 1-year low of GBX 2,624 and a 1-year high of GBX 3,730.

Insiders Place Their Bets

In other news, insider Geraint Jones acquired 249 shares of the firm’s stock in a transaction on 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. 13.71% of the stock is currently owned by insiders.

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.