Today’s Rating On Watch: Admiral Group PLC (LON:ADM) Underperform Rating Maintained by Analysts at Macquarie; The Price Objective is GBX 1542.00

November 30, 2016 - By Winifred Garcia

Admiral Group PLC (LON:ADM) Rating

The company have set PT of GBX 1542.00 on Admiral Group PLC (LON:ADM) shares. This is -19.35% from the stock close price. In analysts report sent to clients and investors on Wednesday morning, Macquarie restate their Underperform rating on shares of ADM.

Admiral Group plc (LON:ADM) Ratings Coverage

Out of 21 analysts covering Admiral Group PLC (LON:ADM), 5 rate it a “Buy”, 8 “Sell”, while 8 “Hold”. This means 24% are positive. GBX 2339 is the highest target while GBX 1140 is the lowest. The GBX 1812.65 average target is -5.00% below today’s (GBX 1908) stock price. Admiral Group PLC has been the topic of 98 analyst reports since August 17, 2015 according to StockzIntelligence Inc. The company was maintained on Wednesday, November 25 by Peel Hunt. The stock of Admiral Group plc (LON:ADM) has “Reduce” rating given on Wednesday, August 26 by Charles Stanley. The rating was maintained by Numis Securities on Monday, March 7 with “Add”. The firm has “Hold” rating given on Thursday, August 20 by Canaccord Genuity. The firm has “Underweight” rating given on Thursday, August 20 by JP Morgan. The stock has “Outperform” rating given by Bernstein on Monday, December 21. The stock has “Buy” rating given by Nomura on Tuesday, March 8. Citigroup maintained Admiral Group plc (LON:ADM) rating on Thursday, November 26. Citigroup has “Sell” rating and GBX 1335 price target. On Thursday, August 18 the stock rating was maintained by Beaufort Securities with “Buy”. The stock of Admiral Group plc (LON:ADM) earned “Hold” rating by Deutsche Bank on Wednesday, September 14.

About 93,598 shares traded hands. Admiral Group plc (LON:ADM) has risen 2.26% since May 2, 2016 and is uptrending. It has underperformed by 2.97% the S&P500.

Analysts await Archer Daniels Midland Company (NYSE:ADM) to report earnings on February, 7. They expect $0.83 EPS, up 36.07% or $0.22 from last year’s $0.61 per share. ADM’s profit will be $472.73M for 12.88 P/E if the $0.83 EPS becomes a reality. After $0.59 actual EPS reported by Archer Daniels Midland Company for the previous quarter, Wall Street now forecasts 40.68% EPS growth.

Insitutional Activity: The institutional sentiment increased to 1.03 in 2016 Q2. Its up 0.06, from 0.97 in 2016Q1. The ratio is positive, as 51 funds sold all Admiral Group plc shares owned while 218 reduced positions. 70 funds bought stakes while 190 increased positions. They now own 416.55 million shares or 4.91% less from 438.05 million shares in 2016Q1.

Old Mutual Customised Solutions (Proprietary) Limited accumulated 20,100 shares or 0.22% of the stock. Mu Investments has invested 0.1% of its portfolio in Admiral Group plc (LON:ADM). Motco reported 872 shares or 0% of all its holdings. Stevens First Principles Invest Advsr reported 118,498 shares or 3.79% of all its holdings. Raymond James & Assocs accumulated 0.02% or 126,195 shares. Rodgers Brothers holds 0.28% or 16,065 shares in its portfolio. Jacobs Levy Equity Inc holds 0.18% or 198,126 shares in its portfolio. Pub Sector Pension Board holds 0.05% of its portfolio in Admiral Group plc (LON:ADM) for 111,273 shares. Pggm Investments has invested 0.09% of its portfolio in Admiral Group plc (LON:ADM). Wfg L P last reported 0.22% of its portfolio in the stock. Chevy Chase Trust Hldgs has 632,428 shares for 0.15% of their US portfolio. Capital Wealth Planning accumulated 19,673 shares or 0.63% of the stock. Mitsubishi Ufj & Banking last reported 0.12% of its portfolio in the stock. Ibm Retirement Fund holds 0.12% of its portfolio in Admiral Group plc (LON:ADM) for 75,956 shares. Calamos Ltd Liability holds 120,417 shares or 0.04% of its portfolio.

Insider Transactions: Since July 29, 2016, the stock had 0 insider purchases, and 3 selling transactions for $2.96 million net activity. $1.87M worth of Admiral Group plc (LON:ADM) was sold by D AMBROSE MICHAEL on Friday, July 29. On Wednesday, November 2 Stott John P sold $115,436 worth of the stock or 2,418 shares.

Admiral Group plc is a United Kingdom firm engaged in the provision of car insurance. The company has a market cap of 5.43 billion GBP. The Firm has four divisions: UK Car Insurance, International Car Insurance, Price Comparison and Other. It has a 17.64 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.”

ADM Company Profile

Archer-Daniels-Midland Company, incorporated on May 2, 1923, is a processor of oilseeds, corn, wheat and other agricultural commodities. The Firm makes protein meal, vegetable oil, corn sweeteners, flour, biodiesel, ethanol, and other food and feed ingredients. The Company’s divisions include Agricultural Services; Corn Processing; Oilseeds Processing; Wild Flavors and Specialty Ingredients; Others, and Corporate. The Firm also has a global grain elevator and transportation network to procure, store, clean and transport agricultural commodities, such as oilseeds, corn, wheat, milo, oats and barley, as well as processed agricultural commodities. The Firm is engaged in procuring, transporting, storing, processing, and merchandising agricultural commodities and products.

More news for Admiral Group plc (LON:ADM) were recently published by: Fool.Co.Uk, which released: “Are Admiral Group plc and Direct Line Insurance Group plc 2 dividend dynamos?” on August 12, 2016. Insurancejournal.com‘s article titled: “Compare.com CEO Encouraged by Admiral Group’s Record 2015 Profit” and published on March 03, 2016 is yet another important article.

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