tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Admiral Group Announces Share Acquisitions by Director and Associate

Story Highlights
Admiral Group Announces Share Acquisitions by Director and Associate

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Admiral ( (GB:ADM) ) has shared an announcement.

Admiral Group plc announced transactions involving the acquisition of ordinary shares by Michael Brierley, a Non-Executive Director, and Rachel Brierley, his wife. These transactions were part of a dividend reinvestment trading plan and took place on the London Stock Exchange. The acquisitions reflect ongoing engagement by company insiders with Admiral’s financial instruments, potentially indicating confidence in the company’s future performance.

The most recent analyst rating on (GB:ADM) stock is a Buy with a £3863.00 price target. To see the full list of analyst forecasts on Admiral stock, see the GB:ADM Stock Forecast page.

Spark’s Take on GB:ADM Stock

According to Spark, TipRanks’ AI Analyst, GB:ADM is a Outperform.

Admiral’s strong financial performance, attractive valuation, and positive earnings call sentiment are the most significant factors driving the overall score. The company’s strategic advancements and high dividend yield further enhance its investment appeal. Technical indicators suggest some caution due to potential short-term volatility, but the overall outlook remains positive.

To see Spark’s full report on GB:ADM stock, click here.

More about Admiral

Admiral Group plc operates in the insurance industry, primarily offering car insurance products and services. The company is known for its focus on providing competitive insurance solutions and has a significant presence in the UK market.

Average Trading Volume: 622,646

Technical Sentiment Signal: Strong Buy

Current Market Cap: £10.19B

For an in-depth examination of ADM stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1