Admiral Group (LON:ADM) Rating Reaffirmed
Admiral Group (LON:ADM) just had their share rating of a ‘”Underperform”‘ issued by research analysts at RBC Capital Markets, who now has a GBX 1370 price target on the 4.54B GBP market cap company or a -15.59% downside potential. This key information was disclosed to clients in a recent research report on Thursday, 10 December.
From a total of 16 analysts covering Admiral Group PLC (LON:ADM) stock, 3 rate it a ”Buy”, 6 a “Sell”, and 10 a ”Hold”. This means that 16% of the ratings are positive. The highest target price is GBX 1750 while the lowest target price is GBX 1140. The mean of all analyst targets is GBX 1511.06 with a -8.10% below today’s (GBX 1618) stock price. Admiral Group PLC was the topic of 29 analyst reports since August 17, 2015 according to the firm StockzIntelligence Inc. JP Morgan maintained shares on December 8 with “Underweight” rating. Goldman Sachs maintained shares with “Neutral” rating and GBX 1500 target share price in a report from an October 9. Peel Hunt maintained ADM stock in a recent report from December 7 with “Hold” rating. Nomura maintained the rating on September 18. Nomura has a “Neutral” rating and a GBX 1630 price target on shares. Finally, Barclays Capital maintained the stock with “Equal-Weight” rating in a report issued on a November 19.
Approximately 218,134 shares of stock traded hands. Admiral Group plc (LON:ADM) has risen 11.50% since May 13, 2015 and is uptrending. It has outperformed by 13.44% the S&P500.
The overall sentiment of institutions has increased to 0.84 in Q2 2015. Its up 0.02, from 0.82 in 2015Q2. The ratio is positive, as 71 institutions have sold all the shares of Admiral Group plc that they owned while 263 funds have taken shares off the table. 44 funds have purchased shares for the first time while 235 added to their positions. These institutions now hold 461.42 million shares or 1.97% more than the 452.52 million shares they owned in 2015Q2.
The Fund Eclectica Asset Management Llp currently is holding shares equating to 8.59% of its total portfolio in Admiral Group plc representing a total of 35,540 shares. Another fund,Fairfield Bush & Co., is holding a total of 333,762 shares equating to 6.08% of their holdings. Additionally, Washington State Investment Board has a 61,189 share stake in Admiral Group plc which represents 4.02% of their total portfolio. The Fund, State Farm Mutual Automobile Insurance Co, based out of Illinois, has also built up a stake in the stock, which represents a total of 3.92% of their total portfolio. Finally Stevens First Principles Investment Advisors, a fund which is based in the state of California reported a total holdings of 108,503 shares.
Insider activity is a very important aspect to track on any stock. Going back to August 18, 2015, shareholders of Admiral Group plc have witnessed 0 buys, and a total of 2 sales equating to a net activity of approximately $152,508 . Stott John P sold 1,000 shares worth approximately $45,000.
Admiral Group plc is a United Kingdom firm engaged in the provision of car insurance. The company has a market cap of 4.54 billion GBP. The Firm has four operational divisions, which include UK Car Insurance, International Car Insurance, Price Comparison and Other. It has 15.42 P/E ratio. The UK Car Insurance segment consists of the underwriting of car insurance and other products that supplement the car insurance policy.
According to Zacks Investment Research, “Archer Daniels Midland Company procures, transports, stores, processes, and merchandises agricultural commodities and products. Its operations are classified into three business segments: Oilseeds Processing, Corn Processing, and Agricultural Services. The Company processes oilseeds, corn, wheat, cocoa, and other agricultural commodities. It manufactures protein meal, vegetable oil, corn sweeteners, flour, biodiesel, ethanol, and other value-added food and feed ingredients. Archer-Daniels-Midland Company is headquartered in Decatur, Illinois.” Get a free copy of the Zacks research report on Admiral Group plc (ADM).