Admiral Group plc (LON:ADM – Get Free Report) shares passed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of GBX 3,581.11 and traded as high as GBX 3,816. Admiral Group shares last traded at GBX 3,778, with a volume of 327,728 shares traded.
Wall Street Analyst Weigh In
Several equities research analysts have recently issued reports on ADM shares. Berenberg Bank cut shares of Admiral Group to a “hold” rating and set a GBX 4,200 price objective on the stock. in a research report on Thursday, August 27th. Citigroup lifted their price target on shares of Admiral Group from GBX 4,243 to GBX 4,516 and gave the company a “buy” rating in a research note on Friday, August 7th. Finally, Royal Bank Of Canada upped their price objective on Admiral Group from GBX 3,450 to GBX 3,950 and gave the stock a “sector perform” rating in a research note on Wednesday, August 12th. Two research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of GBX 3,813.60.
Get Our Latest Analysis on Admiral Group
Admiral Group Stock Down 1.0%
The business has a fifty day moving average of GBX 3,801.28 and a 200 day moving average of GBX 3,585.07. The company has a debt-to-equity ratio of 139.06, a current ratio of 4.99 and a quick ratio of 0.42. The stock has a market capitalization of £11.47 billion, a price-to-earnings ratio of 17.56, a PEG ratio of 1.69 and a beta of 0.19.
Insider Activity
In other Admiral Group news, insider Rachel Lewis sold 6,481 shares of the business’s stock in a transaction that occurred on Monday, September 28th. The shares were sold at an average price of GBX 3,626, for a total transaction of £235,001.06. Also, insider Milena Mondini de Focatiis sold 39,950 shares of the stock in a transaction on Monday, September 28th. The shares were sold at an average price of GBX 3,626, for a total value of £1,448,587. 13.71% of the stock is currently owned by corporate 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.
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