Admiral Group plc (LON:ADM – Get Free Report) hit a new 52-week high on Tuesday . The stock traded as high as GBX 4,014 and last traded at GBX 4,014, with a volume of 1336926 shares. The stock had previously closed at GBX 4,000.
Analyst Ratings Changes
ADM has been the subject of several research analyst reports. Citigroup increased their price objective on shares of Admiral Group from GBX 4,243 to GBX 4,516 and gave the company a “buy” rating in a research report on Friday, August 7th. Royal Bank Of Canada upped their price target on shares of Admiral Group from GBX 3,450 to GBX 3,950 and gave the company a “sector perform” rating in a research note on Wednesday, August 12th. Finally, Berenberg Bank lifted their price objective on shares of Admiral Group from GBX 3,800 to GBX 4,200 and gave the stock a “buy” rating in a research note on Friday, August 7th. Three research analysts have rated the stock with a Buy rating, one has given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of GBX 3,569.67.
Get Our Latest Stock Analysis on ADM
Admiral Group Stock Up 0.9%
Insider Buying and Selling
In other Admiral Group news, insider Geraint Jones purchased 249 shares of the business’s stock in a transaction that occurred on Friday, June 5th. The shares were bought at an average price of GBX 3,308 per share, for a total transaction of £8,236.92. 13.71% of the stock is currently owned by corporate insiders.
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. As the leading personal motor insurance provider in the UK, Admiral continues to focus on technology and agility, diversifying the businesses, and progressing with the evolution of motor.
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