Admiral Group (LON:ADM) Rating Reiterated by Peel Hunt
Admiral Group (LON:ADM)‘s stock had its “hold” rating restated by equities research analysts at Peel Hunt in a note issued to investors on Wednesday, ThisIsMoney.Co.Uk reports.
Several other brokerages also recently weighed in on ADM. Morgan Stanley boosted their target price on shares of Admiral Group from GBX 1,900 ($24.99) to GBX 2,100 ($27.62) and gave the company an “equal weight” rating in a research note on Friday, February 7th. Investec downgraded shares of Admiral Group to an “add” rating in a research note on Tuesday, January 21st. Peel Hunt reissued a “hold” rating and issued a GBX 2,230 ($29.33) target price on shares of Admiral Group in a research note on Wednesday, February 12th. Barclays reissued an “overweight” rating on shares of Admiral Group in a research note on Monday, February 3rd. Finally, Royal Bank of Canada reissued a “sector performer” rating on shares of Admiral Group in a research note on Wednesday, December 11th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and two have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of GBX 2,160.90 ($28.43).
Shares of Admiral Group stock traded down GBX 113 ($1.49) on Wednesday, hitting GBX 2,053 ($27.01). The company’s stock had a trading volume of 1,429,595 shares, compared to its average volume of 850,550. Admiral Group has a 52-week low of GBX 1,937 ($25.48) and a 52-week high of GBX 2,356 ($30.99). The company has a quick ratio of 1.17, a current ratio of 1.70 and a debt-to-equity ratio of 72.63. The firm has a fifty day moving average price of GBX 2,206.98 and a 200-day moving average price of GBX 2,164.50. The company has a market capitalization of $6.03 billion and a P/E ratio of 13.87.
About Admiral Group
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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