Credit Suisse Group started coverage on shares of Admiral Group plc (LON:ADM) in a report issued on Thursday morning. The brokerage issued an underperform rating and a GBX 1,700 ($21.22) target price on the stock.
A number of other research firms also recently commented on ADM. Peel Hunt reiterated a hold rating and issued a GBX 2,012 ($25.11) price objective on shares of Admiral Group plc in a report on Monday, January 23rd. Goldman Sachs Group, Inc. (The) increased their price target on shares of Admiral Group plc from GBX 1,650 ($20.59) to GBX 1,780 ($22.21) and gave the company a neutral rating in a research note on Wednesday, January 25th. Macquarie reissued an underperform rating and issued a GBX 1,542 ($19.24) price target on shares of Admiral Group plc in a research note on Wednesday, November 30th. J P Morgan Chase & Co reissued a neutral rating and issued a GBX 1,900 ($23.71) price target on shares of Admiral Group plc in a research note on Tuesday, November 8th. Finally, Shore Capital reissued a sell rating on shares of Admiral Group plc in a research note on Thursday, November 3rd. Seven research analysts have rated the stock with a sell rating, seven have given a hold rating and two have assigned a buy rating to the company. Admiral Group plc presently has a consensus rating of Hold and an average price target of GBX 1,813.29 ($22.63).
Shares of Admiral Group plc (LON:ADM) opened at 1792.00 on Thursday. Admiral Group plc has a 1-year low of GBX 1,665.00 and a 1-year high of GBX 2,288.00. The stock’s 50 day moving average is GBX 1,791.32 and its 200 day moving average is GBX 1,965.78. The company’s market cap is GBX 4.79 billion.
About Admiral Group plc
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.