Admiral Group (LON:ADM)‘s stock had its “add” rating reaffirmed by research analysts at Peel Hunt in a research report issued to clients and investors on Monday. They currently have a GBX 2,078 ($28.18) price objective on the stock. Peel Hunt’s price objective would indicate a potential upside of 12.39% from the company’s current price.
Other research analysts have also recently issued research reports about the company. Deutsche Bank increased their price objective on Admiral Group from GBX 1,880 ($25.49) to GBX 1,980 ($26.85) and gave the stock a “hold” rating in a research report on Thursday, January 4th. HSBC lowered their price objective on Admiral Group from GBX 2,100 ($28.48) to GBX 2,045 ($27.73) and set a “hold” rating on the stock in a research report on Thursday, November 23rd. JPMorgan Chase & Co. cut Admiral Group to a “neutral” rating and lowered their price objective for the stock from GBX 2,100 ($28.48) to GBX 1,980 ($26.85) in a research report on Tuesday, October 24th. Finally, Barclays lowered their price objective on Admiral Group from GBX 1,845 ($25.02) to GBX 1,801 ($24.42) and set an “underweight” rating on the stock in a research report on Monday, December 11th. Seven analysts have rated the stock with a sell rating and seven have assigned a hold rating to the company. The stock currently has an average rating of “Hold” and an average target price of GBX 1,887.91 ($25.60).
Admiral Group (LON ADM) opened at GBX 1,849 ($25.07) on Monday. The firm has a market capitalization of $5,310.00 and a price-to-earnings ratio of 2,311.25. Admiral Group has a 12-month low of GBX 1,680 ($22.78) and a 12-month high of GBX 2,184 ($29.62).
Admiral Group Company Profile
Admiral Group plc is a United Kingdom-based company engaged in the provision of car insurance. The Company has four segments: UK Car Insurance, International Car Insurance, Price Comparison and Other. The UK Car Insurance segment consists of the underwriting of car insurance and other products that supplement the car insurance policy within the United Kingdom.
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