Admiral Group plc (OTCMKTS: AMIGY – Get a rating) was given an average rating of “Hold” by the ten research firms that currently cover the business, market beat reports. Three investment analysts gave the stock a sell rating, two gave the company a hold rating and three gave the company a buy rating. The 12-month average target price among analysts who have reported on the stock in the past year is $1,758.37.
Several equity research analysts have recently released reports on the stock. Deutsche Bank Aktiengesellschaft cut its price target on Admiral Group shares from 2,950 GBX ($38.38) to 2,630 GBX ($34.22) in a Wednesday, March 16 research report. Barclays upgraded Admiral Group shares from a ‘weighted’ rating to an ‘overweight’ rating in a Tuesday, March 29 research report. Morgan Stanley cut its price target on Admiral Group shares from 2,900 GBX ($37.73) to 2,600 GBX ($33.83) in a Tuesday, April 5 research report. Finally, HSBC upgraded Admiral Group shares from a “hold” to a “buy” rating in a Wednesday, Feb. 9 research report.
Admiral Group Actions opened at $34.10 on Tuesday. Admiral Group has a 12-month low of $31.47 and a 12-month high of $51.84. The company has a 50-day moving average price of $36.01 and a 200-day moving average price of $39.33.
About the Admiral Group (Get a rating)
Admiral Group plc offers motor insurance products in the UK, Spain, Italy, France, India and the USA. The Company operates through UK Insurance, International Insurance, Admiral Loans and Other segments. It underwrites auto, van, home and travel insurance, as well as unsecured personal and auto loans, as well as legal services.
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