Other equities research analysts have also recently issued research reports about the company. Beaufort Securities restated a buy rating on shares of Admiral Group plc in a report on Thursday, August 18th. Deutsche Bank AG upped their price target on Admiral Group plc from GBX 1,590 ($19.68) to GBX 1,725 ($21.35) and gave the stock a hold rating in a report on Thursday, August 18th. Berenberg Bank restated a hold rating on shares of Admiral Group plc in a report on Thursday, July 7th. HSBC lowered their price target on Admiral Group plc from GBX 1,915 ($23.70) to GBX 1,865 ($23.08) and set a hold rating on the stock in a report on Wednesday, June 29th. Finally, Canaccord Genuity upped their price target on Admiral Group plc from GBX 1,550 ($19.18) to GBX 2,100 ($25.99) and gave the stock a hold rating in a report on Friday, August 19th. Six research analysts have rated the stock with a sell rating, eight have given a hold rating and three have issued a buy rating to the stock. The stock has an average rating of Hold and a consensus target price of GBX 1,806.93 ($22.36).
Shares of Admiral Group plc (LON:ADM) traded up 0.15% during trading on Tuesday, reaching GBX 2027.00. The company’s stock had a trading volume of 355,193 shares. Admiral Group plc has a 1-year low of GBX 1,514.00 and a 1-year high of GBX 2,288.00. The stock has a 50 day moving average of GBX 2,054.30 and a 200-day moving average of GBX 2,002.46. The company’s market capitalization is GBX 5.42 billion.
The company also recently disclosed a dividend, which was paid on Friday, October 7th. Stockholders of record on Thursday, September 8th were issued a dividend of GBX 62.90 ($0.78) per share. The ex-dividend date was Thursday, September 8th. This represents a dividend yield of 3.02%.
In related news, insider Holmes,Colin P sold 16,500 shares of the stock in a transaction on Thursday, August 18th. The stock was sold at an average price of GBX 2,089 ($25.85), for a total value of £344,685 ($426,590.35). Also, insider Jones ,Geraint purchased 87 shares of the stock in a transaction that occurred on Friday, September 2nd. The stock was bought at an average price of GBX 2,051 ($25.38) per share, with a total value of £1,784.37 ($2,208.38).
About Admiral Group plc
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.
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