Berenberg announced Admiral Group PLC (LON:ADM), boosting its stock price target to 1,804.00GBX today
- Updated: September 15, 2016
Boasting a price of 0.00GBX, Admiral Group PLC (LON:ADM) traded 2.03% higher on the day. With the last stock price down 1.77% from the 200-day average, compared to the Standard & Poor’s 500 Index which has fallen -0.01% over the same time period. ADM has recorded a 50-day average of 2,114.22GBX and two hundred day average of 1,979.87GBX. Volume of trade was was down over the average, with 552,351 shares of ADM changing hands under the typical 671,392 shares.
Berenberg bumped the target stock price of Admiral Group PLC (LON:ADM) to 1,804GBX, stating a possible upside of 0.00%,
On 9/14/2016, Deutsche Bank reported on Admiral Group PLC(LON:ADM) kept the target price at 1,725.00GBX. At the time, this suggested a downside of -0.13%.
Recent Performance Graphic:
In addition to Berenberg reporting it’s target price, a total of 16 equity analysts have issued a report on the stock. The consensus target stock price is 1,670.19GBX with one analyst rating the stock a strong buy, one analyst rating the stock a buy, 10 firms rating the stock a hold, five analysts rating the stock to underperform, and finally one firm rating the company as sell.
Admiral Group PLC has a P/E of 19 with a 52 week low of 1,454.00GBX and a 52 week high of 2,288.00GBX. ADM’s market capitalization is currently 0.0 GBX.
General Company Details For 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, and among others
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