Deutsche Bank Reaffirms Hold Rating for Admiral Group (ADM)

Deutsche Bank reissued their hold rating on shares of Admiral Group (LON:ADM) in a research report released on Monday morning.

A number of other equities research analysts also recently commented on the stock. Barclays dropped their price objective on shares of Admiral Group from GBX 2,009 ($26.25) to GBX 1,998 ($26.11) and set an underweight rating on the stock in a research report on Thursday, December 13th. Royal Bank of Canada upgraded shares of Admiral Group to a sector performer rating and upped their target price for the company from GBX 1,600 ($20.91) to GBX 2,050 ($26.79) in a report on Tuesday, December 11th. Peel Hunt restated a hold rating and issued a GBX 2,085 ($27.24) target price (up previously from GBX 1,920 ($25.09)) on shares of Admiral Group in a report on Tuesday, December 4th. Shore Capital restated a sell rating on shares of Admiral Group in a report on Thursday, November 1st. Finally, UBS Group lowered their target price on shares of Admiral Group from GBX 2,090 ($27.31) to GBX 2,040 ($26.66) and set a neutral rating for the company in a report on Tuesday, October 16th. Six research analysts have rated the stock with a sell rating and six have assigned a hold rating to the company. Admiral Group presently has an average rating of Hold and an average target price of GBX 1,973.91 ($25.79).

Shares of LON:ADM opened at GBX 2,037 ($26.62) on Monday. Admiral Group has a 52 week low of GBX 1,766 ($23.08) and a 52 week high of GBX 2,184 ($28.54).

Admiral Group Company Profile

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.

Further Reading: Why are analyst ratings important in trading stocks?

Analyst Recommendations for Admiral Group (LON:ADM)

Receive News & Ratings for Admiral Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Admiral Group and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply