Barclays Cuts Admiral Group (ADM) Price Target to GBX 1,800

Admiral Group (LON:ADM) had its target price cut by Barclays from GBX 1,801 ($25.29) to GBX 1,800 ($25.28) in a report published on Thursday morning. They currently have an underweight rating on the stock.

Other research analysts have also issued reports about the company. JPMorgan Chase & Co. lowered Admiral Group to a neutral rating and decreased their target price for the stock from GBX 2,100 ($29.49) to GBX 1,980 ($27.81) in a report on Tuesday, October 24th. Deutsche Bank reissued a hold rating and set a GBX 1,880 ($26.40) target price on shares of Admiral Group in a report on Tuesday, October 24th. HSBC decreased their target price on Admiral Group from GBX 2,100 ($29.49) to GBX 2,045 ($28.72) and set a hold rating on the stock in a report on Thursday, November 23rd. Finally, Peel Hunt reissued an add rating and set a GBX 2,078 ($29.18) target price on shares of Admiral Group in a report on Monday, January 22nd. Seven investment analysts have rated the stock with a sell rating and seven have given a hold rating to the company’s stock. The stock currently has an average rating of Hold and a consensus target price of GBX 1,887.82 ($26.51).

Admiral Group (LON ADM) opened at GBX 1,854 ($26.04) on Thursday. The firm has a market capitalization of $5,320.00 and a P/E ratio of 2,317.50. Admiral Group has a 1-year low of GBX 1,698 ($23.84) and a 1-year high of GBX 2,184 ($30.67).

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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.

Analyst Recommendations for Admiral Group (LON:ADM)

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