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A statement released earlier today by Barclays Capital about Admiral Group PLC (LON:ADM) bumps down the target price to 1,746.00GBX

Admiral Group PLC (LON:ADM) had its price target fell to 1,746GBX by Barclays Capital in a report issued 8/22/2016. The latest target price implies a possible downside of -0.18% from the company’s previous closing price.

On 8/19/2016, Canaccord Genuity released a statement on Admiral Group PLC(LON:ADM) upped the target price from 1,550.00GBX to 2,100.00GBX. At the time, this indicated a possible downside of -0.01%.

Only yesterday Admiral Group PLC (LON:ADM) traded 0.65% lower at 2,132.00GBX. ADM’s 50-day moving average is 2,110.38GBX and its two hundred day moving average is 1,980.03GBX. The last stock price is up 1.11% relative to the two hundred day moving average, compared with the Standard & Poor’s 500 Index which has fallen -0.01% over the same time period. Volume of trade was was up over the average, with 890,721 shares of ADM changing hands over the typical 674,679 shares..

See Graph Below:

Admiral Group PLC (LON:ADM)

Admiral Group PLC has a PE of 19 with a 52 week low of 1,454.00GBX and a one-year high of 2,288.00GBX. The company’s market capitalization is currently 0.0 GBX.

Also covering Admiral Group PLC’s price target, a total of 16 analysts have issued a report on the stock. The average target price is 1,670.19GBX with one analyst rating the company a strong buy, one analyst rating the stock a buy, 10 firms rating the stock a hold, five brokerages rating the company to underperform, and finally one brokeragerating the stock as sell.

General Information About Admiral Group PLC (LON:ADM)

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. The International Car Insurance segment consists of the underwriting of car insurance and the generation of revenue from additional products, and fees from underwriting car insurance outside of the United Kingdom. The Price Comparison segment relates to the Company’s price comparison Websites, such as in the United Kingdom, Rastreator in Spain, LeLynx in France and in the United States. The Other segment includes the United Kingdom household insurance, the Company’s commercial van insurance broker and commercial van insurance. It has operations in France, Spain, Canada, India, the United States and Italy, and among others

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