Admiral Group (LON:ADM) Rating Lowered to Sector Perform at Royal Bank Of Canada

Admiral Group (LON:ADM) was downgraded by stock analysts at Royal Bank Of Canada to a “sector perform” rating in a research note issued on Friday,London Stock Exchange reports. They currently have a GBX 3,450 target price on the stock, down from their previous target price of GBX 3,560. Royal Bank Of Canada’s price target suggests a potential upside of 7.68% from the company’s previous close.

Separately, UBS Group upgraded shares of Admiral Group to a “buy” rating and upped their price target for the stock from GBX 3,300 to GBX 3,500 in a report on Tuesday, March 10th. Two research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of GBX 2,787.43.

Admiral Group Stock Performance

Shares of Admiral Group stock opened at GBX 3,204 on Friday. The stock’s fifty day moving average is GBX 3,344.87 and its two-hundred day moving average is GBX 3,140.39. The company has a market capitalization of £9.58 billion, a PE ratio of 13.26, a price-to-earnings-growth ratio of 1.69 and a beta of 0.18. The company has a quick ratio of 0.42, a current ratio of 6.56 and a debt-to-equity ratio of 131.19. Admiral Group has a 52 week low of GBX 2,624 and a 52 week high of GBX 3,686.

Insider Activity at Admiral Group

In other news, insider Geraint Jones purchased 249 shares of the business’s stock in a transaction dated Friday, June 5th. The shares were purchased at an average price of GBX 3,308 per share, for a total transaction of £8,236.92. Corporate insiders own 13.71% of the company’s stock.

About Admiral Group

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.