Admiral Group plc 3.8% Potential Decrease Indicated by Morgan Stanley

Broker Ratings
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Admiral Group plc with EPIC/TICKER (LON:ADM) had its stock rating noted as ‘Retains’ with the recommendation being set at ‘EQUAL WEIGHT’ this morning by analysts at Morgan Stanley. Admiral Group plc are listed in the Financials sector within UK Main Market. Morgan Stanley have set a target price of 2200 GBX on its stock. This would indicate that the analyst believes there is a downside of -3.8% from today’s opening price of 2288 GBX. Over the last 30 and 90 trading days the company share price has increased 93 points and decreased 8 points respectively. The 52 week high share price is 2508 GBX while the 52 week low for the stock is 1858.5 GBX.

Admiral Group plc has a 50 day moving average of 2,280.19 GBX and the 200 Day Moving Average price is recorded at 2,205.09. There are currently 294,037,749 shares in issue with the average daily volume traded being 835,637. Market capitalisation for LON:ADM is £6,746,784,448 GBP.

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    Admiral Group plc (LON:ADM) reveals a robust 2024 half-year report with a 32% profit growth, 43% turnover increase, and a 39% higher interim dividend.

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