Admiral Group plc (LON:ADM) Receives Average Rating of “Hold” from Brokerages

Admiral Group plc (LON:ADM) has been assigned an average recommendation of “Hold” from the seven analysts that are currently covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation, two have given a hold recommendation and three have issued a buy recommendation on the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is GBX 2,803.14.

A number of brokerages have recently weighed in on ADM. The Goldman Sachs Group lowered shares of Admiral Group to a “sell” rating and lowered their price objective for the stock from GBX 3,954 to GBX 2,902 in a report on Wednesday, January 21st. Royal Bank Of Canada restated an “outperform” rating and issued a GBX 3,560 price objective on shares of Admiral Group in a report on Wednesday, March 18th. Finally, UBS Group upgraded shares of Admiral Group to a “buy” rating and boosted their price objective for the stock from GBX 3,300 to GBX 3,500 in a report on Tuesday, March 10th.

Admiral Group Price Performance

ADM stock opened at GBX 3,430 on Thursday. Admiral Group has a one year low of GBX 2,624 and a one year high of GBX 3,686. The stock has a market cap of £10.25 billion, a PE ratio of 14.19, a P/E/G ratio of 1.69 and a beta of 0.14. The firm has a 50 day simple moving average of GBX 3,181.13 and a two-hundred day simple moving average of GBX 3,116.83.

Admiral Group (LON:ADM) last released its quarterly earnings results on Thursday, March 5th. The company reported GBX 247.40 EPS for the quarter. Admiral Group had a net margin of 13.47% and a return on equity of 51.59%. On average, research analysts expect that Admiral Group will post 161.0199297 EPS for the current fiscal year.

Admiral Group Company Profile

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.