Deutsche Bank Raises Admiral Group (ADM) Price Target to GBX 1,980
Admiral Group (LON:ADM) had its target price increased by Deutsche Bank from GBX 1,880 ($25.14) to GBX 1,980 ($26.47) in a research report released on Thursday morning. The brokerage currently has a hold rating on the stock.
Other analysts have also recently issued reports about the stock. JPMorgan Chase & Co. cut shares of Admiral Group to a neutral rating and decreased their price objective for the stock from GBX 2,100 ($28.08) to GBX 1,980 ($26.47) in a research note on Tuesday, October 24th. Peel Hunt reaffirmed a hold rating and set a GBX 1,751 ($23.41) price objective on shares of Admiral Group in a research note on Thursday, September 7th. Credit Suisse Group reaffirmed an underperform rating on shares of Admiral Group in a research note on Friday, September 8th. HSBC decreased their price objective on shares of Admiral Group from GBX 2,100 ($28.08) to GBX 2,045 ($27.34) and set a hold rating on the stock in a research note on Thursday, November 23rd. Finally, Barclays decreased their price objective on shares of Admiral Group from GBX 1,845 ($24.67) to GBX 1,801 ($24.08) and set an underweight rating on the stock in a research note on Monday, December 11th. Seven equities research analysts have rated the stock with a sell rating and seven have assigned a hold rating to the stock. Admiral Group presently has an average rating of Hold and a consensus price target of GBX 1,887.91 ($25.24).
Shares of Admiral Group (ADM) opened at GBX 1,872 ($25.03) on Thursday. The firm has a market cap of $5,310.00 and a PE ratio of 2,340.00. Admiral Group has a 52 week low of GBX 1,680 ($22.46) and a 52 week high of GBX 2,184 ($29.20).
Admiral Group Company Profile
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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