Admiral Group (ADM)

Sector:

Insurance

Index:

FTSE 100

2,431.00p
   
  • Change Today:
      28.00p
  • 52 Week High: 2,993.00p
  • 52 Week Low: 2,392.00p
  • Currency: UK Pounds
  • Shares Issued: 369.58m
  • Volume: 349,297
  • Market Cap: £8,984m
  • RiskGrade: 91
  • Beta: 0.84

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

By Michele Maatouk

Date: Wednesday 21 Aug 2024

LONDON (ShareCast) - (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 more flexibility to grow while keeping margins at healthy levels," RBC said.

"An improving trajectory outside UK motor adds to the group's earnings momentum, and we forecast a 19% earnings compound annual growth rate over 2024-26e. Increasing our estimates by circa 5% across forecast periods, and PT to 3,550p."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Admiral Market Data

Currency UK Pounds
Share Price 2,431.00p
Change Today 28.00p
% Change 1.17 %
52 Week High 2,993.00p
52 Week Low 2,392.00p
Volume 349,297
Shares Issued 369.58m
Market Cap £8,984m
Beta 0.84
RiskGrade 91

Admiral Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
66.87% below the market average66.87% below the market average66.87% below the market average66.87% below the market average66.87% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Price Trend
2.65% below the market average2.65% below the market average2.65% below the market average2.65% below the market average2.65% below the market average
25% below the sector average25% below the sector average25% below the sector average25% below the sector average25% below the sector average
Income
68.83% above the market average68.83% above the market average68.83% above the market average68.83% above the market average68.83% above the market average
50% below the sector average50% below the sector average50% below the sector average50% below the sector average50% below the sector average
Growth
24.56% below the market average24.56% below the market average24.56% below the market average24.56% below the market average24.56% below the market average
50% below the sector average50% below the sector average50% below the sector average50% below the sector average50% below the sector average

What The Brokers Say

Strong Buy 2
Buy 3
Neutral 7
Sell 2
Strong Sell 1
Total 15
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Admiral Dividends

  Latest Previous
  Special Interim
Ex-Div 05-Sep-24 05-Sep-24
Paid 04-Oct-24 04-Oct-24
Amount 19.70p 51.30p

Trades for 21-Nov-2024

Time Volume / Share Price
16:35 76 @ 2,431.00p
16:35 473 @ 2,431.00p
16:35 1,057 @ 2,431.00p
16:35 12,490 @ 2,431.00p
16:29 37 @ 2,432.00p

Admiral Key Personnel

CFO Geraint Jones
CEO Milena Mondini de Focatiis

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