Admiral Group (LON:ADM)‘s stock had its “sell” rating reissued by research analysts at UBS Group in a research note issued on Friday, Digital Look reports. They presently have a GBX 2,000 ($26.13) price target on the stock. UBS Group’s target price indicates a potential downside of 5.44% from the company’s previous close.
ADM has been the subject of a number of other reports. JPMorgan Chase & Co. increased their price target on shares of Admiral Group from GBX 1,900 ($24.83) to GBX 1,950 ($25.48) and gave the stock an “underweight” rating in a research report on Wednesday, July 24th. Peel Hunt reduced their price target on shares of Admiral Group from GBX 2,260 ($29.53) to GBX 2,150 ($28.09) and set a “hold” rating for the company in a research report on Wednesday, August 7th. Berenberg Bank increased their price target on shares of Admiral Group from GBX 1,849 ($24.16) to GBX 1,943 ($25.39) and gave the stock a “sell” rating in a research report on Monday, July 15th. Shore Capital reissued a “sell” rating on shares of Admiral Group in a research report on Wednesday, May 1st. Finally, Morgan Stanley reissued an “equal weight” rating on shares of Admiral Group in a research report on Wednesday, June 19th. Five investment analysts have rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the company’s stock. Admiral Group currently has a consensus rating of “Hold” and an average price target of GBX 2,080.40 ($27.18).
Shares of LON ADM traded up GBX 83 ($1.08) during mid-day trading on Friday, reaching GBX 2,115 ($27.64). The company had a trading volume of 1,995,172 shares, compared to its average volume of 850,550. The business has a fifty day simple moving average of GBX 2,205.96. The company has a quick ratio of 1.16, a current ratio of 1.67 and a debt-to-equity ratio of 57.61. The stock has a market capitalization of $6.15 billion and a P/E ratio of 15.46. Admiral Group has a 12-month low of GBX 1,901 ($24.84) and a 12-month high of GBX 2,300 ($30.05).
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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