Admiral Group (LON:ADM) Sets New 52-Week Low – Should You Sell?

Admiral Group plc (LON:ADM) shares reached a new 52-week low during trading on Monday . The stock traded as low as GBX 2,630 and last traded at GBX 2,634, with a volume of 62963691 shares. The stock had previously closed at GBX 2,650.

Analyst Ratings Changes

Several research firms recently issued reports on ADM. The Goldman Sachs Group lowered Admiral Group to a “sell” rating and reduced their price target for the stock from GBX 3,954 to GBX 2,902 in a research report on Wednesday, January 21st. Royal Bank Of Canada lowered Admiral Group to a “sector perform” rating and dropped their price objective for the company from GBX 3,600 to GBX 3,100 in a research note on Thursday, January 22nd. Finally, UBS Group downgraded shares of Admiral Group to a “neutral” rating and decreased their target price for the stock from GBX 3,950 to GBX 3,350 in a research note on Wednesday, December 17th. One equities research analyst has rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Reduce” and an average price target of GBX 2,716.

Admiral Group Trading Up 1.3%

The firm has a market cap of £8.05 billion, a PE ratio of 9.98, a PEG ratio of 1.69 and a beta of 0.18. The firm has a fifty day simple moving average of GBX 3,071.03 and a two-hundred day simple moving average of GBX 3,253.63. The company has a current ratio of 7.57, a quick ratio of 0.42 and a debt-to-equity ratio of 115.01.

Admiral Group Company Profile

Admiral Group plc is an established financial services provider offering motor, household, travel and pet insurance, as well as personal lending products, trading in five countries, namely the UK, France, Italy, Spain and the US. Founded in 1993, Admiral has grown to become an established multinational and multi-product insurer and is proud to be Wales’ only FTSE 100 Company. As the leading personal motor insurance provider in the UK, Admiral continues to focus on technology and agility, diversifying the businesses, and progressing with the evolution of motor.