Admiral Group (ADM) Earns “Hold” Rating from Deutsche Bank
Admiral Group (LON:ADM)‘s stock had its “hold” rating reiterated by analysts at Deutsche Bank in a research note issued on Tuesday.
ADM has been the topic of a number of other research reports. Barclays dropped their price objective on Admiral Group from GBX 1,801 ($24.88) to GBX 1,800 ($24.87) and set an “underweight” rating on the stock in a report on Thursday, February 1st. Peel Hunt reiterated an “add” rating and issued a GBX 2,078 ($28.71) price objective on shares of Admiral Group in a report on Monday, January 22nd. JPMorgan Chase & Co. downgraded Admiral Group to an “underweight” rating and dropped their price objective for the company from GBX 1,980 ($27.36) to GBX 1,900 ($26.25) in a report on Friday, January 5th. Finally, HSBC dropped their price objective on Admiral Group from GBX 2,100 ($29.01) to GBX 2,045 ($28.25) and set a “hold” rating on the stock in a report on Thursday, November 23rd. Seven research analysts have rated the stock with a sell rating and seven have assigned a hold rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of GBX 1,887.82 ($26.08).
Admiral Group (ADM) opened at GBX 1,881.50 ($25.99) on Tuesday. Admiral Group has a 1-year low of GBX 1,698 ($23.46) and a 1-year high of GBX 2,184 ($30.17). The company has a market capitalization of $5,430.00 and a PE ratio of 2,351.88.
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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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