Admiral Group (LON:ADM) Insider Sells £618,162.45 in Stock

Admiral Group plc (LON:ADM) insider Geraint Jones sold 18,933 shares of the company’s stock in a transaction that occurred on Monday, September 22nd. The stock was sold at an average price of GBX 3,265, for a total value of £618,162.45.

Admiral Group Stock Performance

Shares of Admiral Group stock opened at GBX 3,192 on Thursday. The company has a market cap of £9.54 billion, a PE ratio of 1,182.22, a price-to-earnings-growth ratio of 1.69 and a beta of 0.18. Admiral Group plc has a 52 week low of GBX 2,383 and a 52 week high of GBX 3,686. The business has a 50 day moving average price of GBX 3,420.56 and a 200-day moving average price of GBX 3,273.47. The company has a quick ratio of 0.42, a current ratio of 7.57 and a debt-to-equity ratio of 115.01.

Wall Street Analyst Weigh In

A number of research firms have weighed in on ADM. Peel Hunt downgraded Admiral Group to a “sell” rating and raised their price target for the company from GBX 2,270 to GBX 2,350 in a research report on Friday, September 5th. Royal Bank Of Canada restated an “outperform” rating and set a GBX 4,100 price target on shares of Admiral Group in a research report on Tuesday, September 2nd. Berenberg Bank raised their price target on Admiral Group from GBX 3,850 to GBX 4,000 and gave the company a “buy” rating in a research report on Friday, August 15th. Citigroup raised their price target on Admiral Group to GBX 260 and gave the company a “neutral” rating in a research report on Tuesday, July 29th. Finally, JPMorgan Chase & Co. raised their price target on Admiral Group from GBX 2,700 to GBX 3,050 and gave the company a “neutral” rating in a research report on Wednesday, July 30th. Two investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Admiral Group currently has a consensus rating of “Hold” and a consensus price target of GBX 2,752.

About Admiral Group

Admiral Group plc is an established financial services provider offering motor, household, travel and pet insurance, as well as personal lending products, trading in five countries, namely the UK, France, Italy, Spain and the US. Founded in 1993, Admiral has grown to become an established multinational and multi-product insurer and is proud to be Wales’ only FTSE 100 Company.