Barclays Capital reiterated Admiral Group PLC (LON:ADM) to Underweight in a report released today.
- Updated: September 21, 2016
Barclays Capital has reiterated Admiral Group PLC (LON:ADM) to Underweight in a report released on 9/22/2016.
Previously on 9/16/2016, Berenberg reported about Admiral Group PLC (LON:ADM) raised the target price from 1,657.00GBX to 1,804.00GBX. At the time, this indicated a possible upside of 0%.
Yesterday Admiral Group PLC (LON:ADM) traded 0.94% higher at 2,096.00GBX. The company’s 50-day moving average is 2,105.67GBX and its 200-day moving average is 1,987.01GBX. The last stock close price is up 5.66% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 26,012 shares of the stock were exchanged, down from an average trading volume of 676,664
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Admiral Group PLC has a 52 week low of 1,454.00GBX and a 52 week high of 2,288.00GBX with a P/E ratio of 19.40 The company’s market cap is currently 0 GBX.
In addition to Barclays Capital reporting its target price, a total of 16 firms have reported on the stock. The consensus target price is 1,670.19GBX with 1 firm rating the stock a strong buy, 1 firm rating the stock a buy, 10 firms rating the stock a hold, 5 firms rating the stock a underperform, and finally 1 firm rating the stock a sell.
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 Confused.com in the United Kingdom, Rastreator in Spain, LeLynx in France and compare.com 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, among others
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