Admiral profits rise, but shares fall on loss at intl business

3rd Mar 2022 08:07

(Sharecast News) - Admiral reported a rise in 2021 profits driven by its motor insurance business and the release of reserves set aside for claims during the Covid pandemic, but reported a loss at its international insurance business.

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Admiral slumps as Munich Re sells 12.1m shares

27th Oct 2021 07:28

(Sharecast News) - Admiral slumped on Wednesday after Munich Re sold 12.1m shares in the insurer in a placing.

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Admiral slumps as Munich Re sells 12.1m shares

27th Oct 2021 07:28

(Sharecast News) - Admiral slumped on Wednesday after Munich Re sold 12.1m shares in the insurer in a placing.

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Admiral in payout spree as interim profits soar

11th Aug 2021 07:03

(Sharecast News) - Admiral Group shareholders are set to cash in as the motor insurer on Wednesday paid an increased interim dividend and special payout after the sale of its Penguin Portals business.

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Berenberg raises target price on Admiral, expects 'amazing' 2021 performance

15th Jul 2021 10:41

(Sharecast News) - Analyst at Berenberg hiked their target price on insurance firm Admiral Group from 2,758.0p to 2,938.0p on Thursday, stating 2021 would be an "amazing" year for the stock.

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Admiral raises first-half profit outlook on lower motor injury calims

12th Jul 2021 07:33

(Sharecast News) - Insurance company Admiral said it expected higher-than-expected first-half profits due to an "unusually positive" development in the cost of UK motor injury claims.

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Credit Suisse stays at 'underperform' on Admiral Group, points to inflation and regulations

16th Jun 2021 17:46

(Sharecast News) - Analysts at Credit Suisse reiterated their 'underperform' recommendation on shares of Admiral Group in anticipation of slower growth, new regulations and accelerating inflation.

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Wednesday broker round-up

16th Jun 2021 12:50

(Sharecast News) - Pets At Home: Berenberg reiterates buy with a target price of 540p.

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Admiral lifts dividend as full-year profit rises

4th Mar 2021 07:36

(Sharecast News) - Insurer Admiral lifted its full-year dividend on Thursday and posted a rise in pre-tax profit amid a drop in claims frequency as lockdowns meant that people were driving less.

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Admiral to sell Penguin Portals, Preminen in £508m deal

29th Dec 2020 07:42

(Sharecast News) - Insurer Admiral has agreed to sell its Penguin Portals and Preminen comparison businesses, which include online portal Confused.com, to RVU - the comparison division of ZPG - in a deal valued at £508m.

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Monday broker round-up

7th Sep 2020 13:36

(Sharecast News) - Phoenix Group: JP Morgan downgrades to neutral with a target price of 799.0p.

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RBC Capital Markets hikes target price on Admiral

27th Aug 2020 15:37

(Sharecast News) - Analysts at RBC Capital Markets upped their target price on insurer Admiral Group from 2,100.0p to 2,400.0p on Thursday following the firm's interim results.

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Tuesday broker round-up

23rd Jun 2020 13:27

(Sharecast News) - Scapa Group: Berenberg reiterates buy with a target price of 150p.

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Thursday broker round-up

11th Jun 2020 12:45

(Sharecast News) - Lancashire Holdings: Barclays upgrades to overweight with a target price of 900p.

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Friday broker round-up

29th May 2020 13:18

(Sharecast News) - Admiral Group: Barclays downgrades to equal weight with a target price of 2,304p.

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