Admiral Group (LON:ADM) was upgraded by investment analysts at UBS Group to a “neutral” rating in a research report issued on Tuesday, ThisIsMoney.Co.Uk reports. The firm presently has a GBX 2,075 ($27.11) price objective on the stock, up from their previous price objective of GBX 2,000 ($26.13). UBS Group’s target price would suggest a potential downside of 4.60% from the company’s current price.

Several other analysts have also weighed in on the company. Peel Hunt reissued a “hold” rating on shares of Admiral Group in a report on Wednesday, August 14th. Barclays raised Admiral Group to an “overweight” rating and upped their target price for the company from GBX 2,041 ($26.67) to GBX 2,300 ($30.05) in a report on Monday, June 24th. Morgan Stanley reaffirmed an “equal weight” rating on shares of Admiral Group in a report on Wednesday, June 19th. Royal Bank of Canada reaffirmed a “sector performer” rating and set a GBX 2,050 ($26.79) target price on shares of Admiral Group in a report on Thursday, August 15th. Finally, Berenberg Bank upped their target price on Admiral Group from GBX 1,849 ($24.16) to GBX 1,943 ($25.39) and gave the company a “sell” rating in a report on Monday, July 15th. Four research analysts have rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the stock. Admiral Group has an average rating of “Hold” and an average target price of GBX 2,087.90 ($27.28).

Shares of Admiral Group stock opened at GBX 2,175 ($28.42) on Tuesday. The company has a quick ratio of 0.77, a current ratio of 1.10 and a debt-to-equity ratio of 76.28. The firm has a market cap of $6.33 billion and a P/E ratio of 15.75. Admiral Group has a fifty-two week low of GBX 1,901 ($24.84) and a fifty-two week high of GBX 2,300 ($30.05). The business has a 50-day moving average price of GBX 2,196.68 and a 200 day moving average price of GBX 2,161.93.

In other Admiral Group news, insider David Stevens sold 225,000 shares of the stock in a transaction on Wednesday, August 14th. The shares were sold at an average price of GBX 2,126 ($27.78), for a total transaction of £4,783,500 ($6,250,490.00).

Admiral Group Company Profile

Admiral Group plc provides car insurance products primarily in the United Kingdom, Spain, Italy, France, and the United States. The company operates through four segments: UK Insurance, International Car Insurance, Price Comparison, and Other. It underwrites car insurance and other insurance products; offers van insurance and associated products primarily to small businesses, as well as general insurance products; and provides household insurance, and commercial vehicle insurance broking services.

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Analyst Recommendations for Admiral Group (LON:ADM)

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