Broker Recommendations

RBC Capital lifts price target on Admiral, reiterates 'outperform'

By Michele Maatouk

Date: Wednesday 21 Aug 2024

(Sharecast News) - RBC Capital Markets lifted its price target on Admiral on Wednesday to 3,550p from 3,400p and reiterated its 'outperform' rating.
It said Admiral is consolidating its market leadership in the UK motor space.

"While the outlook for pricing remains uncertain, a step-up in expense leverage should provide...

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