Admiral pays out special divi as interim profits surge
15th Aug 2024 07:04
(Sharecast News) - Shares in Admiral surged on Thursday as the UK insurance group posted a better-than-expected 32% rise in half-year pre-tax profits to £310m, driven by an improved current year underwriting performance and claims releases.
Read moreLondon close: Stocks finish positive ahead of key inflation data
13th Aug 2024 14:51
(Sharecast News) - London stocks closed higher on Tuesday, as investors digested the latest UK jobs data and anticipated upcoming inflation reports from both the UK and the US.
Read moreCiti issues 'positive short-term view' on Admiral
13th Aug 2024 09:55
(Sharecast News) - Citi said on Tuesday that it had issued a "positive short-term view" on Admiral ahead of its first-half results on 15 August.
Read moreLondon close: Stocks finish lower after Airbus profit warning
25th Jun 2024 15:54
(Sharecast News) - London stocks ended Tuesday in negative territory, influenced by significant losses in key sectors following a profit warning from Airbus.
Read moreBerenberg upgrades Admiral to 'buy', shares rally
25th Jun 2024 10:33
(Sharecast News) - Berenberg upgraded Admiral on Tuesday to 'buy' from 'hold' and lifted the price target to 3,127p from 2,973p, citing an attractive valuation.
Read moreLondon close: Stocks manage gains as BoE holds rates
9th May 2024 15:21
(Sharecast News) - London markets closed on a positive note on Thursday, bolstered by the Bank of England's decision to maintain interest rates, in line with market expectations.
Read moreLondon close: Stocks finish lower as US payrolls top forecasts
5th Apr 2024 15:22
(Sharecast News) - London markets closed lower on Friday amid a backdrop of heightened investor caution, following robust US job data for March, hawkish remarks from Federal Reserve officials, and escalating tensions in the Middle East.
Read moreBerenberg lifts Admiral price target
11th Mar 2024 14:49
(Sharecast News) - Admiral rallied on Monday as Berenberg lifted its price target on the shares to 2,973p from 2,961p after results last week.
Read moreLondon close: Stocks mixed as investors look to US inflation data
11th Mar 2024 14:48
(Sharecast News) - London markets closed in a mixed state on Monday, reflecting a broader trend of cautious trading after a primarily weaker session in Asian markets overnight.
Read moreAdmiral profits jump as customer numbers expand
7th Mar 2024 08:35
(Sharecast News) - Admiral Group reported a group profit before tax of £442.8m in its annual results on Thursday, making for an increase of 23% from the prior year.
Read moreJPMorgan turns more positive on Direct Line and Admiral
25th Jan 2024 10:21
(Sharecast News) - Shares in UK motor insurers Direct Line Group and Admiral were rising on Thursday after positive comments from JPMorgan, which said that a sector recovery is imminent and that investor concerns about regulatory intervention are overdone.
Read moreLondon close: Stocks manage gains after deluge of updates
18th Jan 2024 15:14
(Sharecast News) - London's stock markets managed a positive finish amid subdued trading activity on Thursday, with investors digesting a plethora of corporate news.
Read moreLondon close: Stocks slip after surprise jump in UK inflation
17th Jan 2024 15:03
(Sharecast News) - London's financial markets experienced a downturn on Wednesday, as a surprising increase in UK inflation and sluggish Chinese GDP growth impacted investor sentiment.
Read moreLondon close: Stocks slip as investors brace for US inflation
10th Jan 2024 15:23
(Sharecast News) - London stocks closed with losses on Wednesday, influenced by a pessimistic growth outlook from the World Bank and investors' attention to upcoming US inflation data.
Read moreInsurers Admiral, Direct Line tumble on premium financing woes
10th Jan 2024 11:48
(Sharecast News) - Insurers Admiral and Direct Line tumbled on Wednesday amid concerns of a potential clampdown on premium financing.
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