Admiral Group plc (LON:ADM) has received an average recommendation of “Hold” from the thirteen ratings firms that are presently covering the company, Marketbeat Ratings reports. Six equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating on the company. The average 1-year price target among brokers that have covered the stock in the last year is GBX 1,846.22 ($24.27).
A number of analysts have recently weighed in on the stock. Peel Hunt reissued a “hold” rating and set a GBX 1,751 ($23.02) price target on shares of Admiral Group plc in a research report on Wednesday, August 16th. Shore Capital reissued a “sell” rating on shares of Admiral Group plc in a research report on Monday, August 7th. Macquarie reissued an “underperform” rating and set a GBX 1,500 ($19.72) price target on shares of Admiral Group plc in a research report on Monday, June 19th. HSBC Holdings plc restated a “hold” rating and set a GBX 2,100 ($27.61) price objective on shares of Admiral Group plc in a research note on Tuesday, June 13th. Finally, Deutsche Bank AG restated a “sell” rating and set a GBX 1,845 ($24.26) price objective on shares of Admiral Group plc in a research note on Friday, July 21st.
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In other Admiral Group plc news, insider Annette Court purchased 1,325 shares of the stock in a transaction dated Friday, September 29th. The shares were bought at an average cost of GBX 1,811 ($23.81) per share, with a total value of £23,995.75 ($31,548.45). Also, insider David Stevens sold 225,000 shares of the firm’s stock in a transaction on Wednesday, August 16th. The shares were sold at an average price of GBX 2,032 ($26.72), for a total value of £4,572,000 ($6,011,043.91).
Admiral Group plc (ADM) traded up 0.27% during trading on Friday, reaching GBX 1880.00. 595,688 shares of the company’s stock traded hands. The stock’s market cap is GBX 5.04 billion. The firm’s 50 day moving average price is GBX 1,859.62 and its 200-day moving average price is GBX 1,994.69. Admiral Group plc has a one year low of GBX 1,680.00 and a one year high of GBX 2,184.00.
The business also recently announced a dividend, which was paid on Friday, October 6th. Shareholders of record on Thursday, September 7th were paid a GBX 56 ($0.74) dividend. This represents a yield of 2.74%. This is a boost from Admiral Group plc’s previous dividend of $51.50. The ex-dividend date was Thursday, September 7th.
Admiral Group plc 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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