German reinsurer Munich Re cuts stake in Admiral
11th Nov 2022 07:15
(Sharecast News) - German reinsurer Munich Re has sold 7.4m shares in Admiral in a placing at 2,023p each.
Read moreAdmiral slumps after secondary sale
27th Sep 2022 08:54
(Sharecast News) - Admiral shares slumped on Tuesday after Bloomberg reported an offering of 1.61m shares in the insurance company.
Read moreAdmiral H1 profits decline amid 'more turbulent cycle', high inflation
10th Aug 2022 07:13
(Sharecast News) - Insurer Admiral posted a drop in first-half profit on Wednesday, pointing to a "more turbulent cycle than usual" and high inflation.
Read moreJefferies downgrades Admiral, Direct Line after Sabre warning
18th Jul 2022 08:47
(Sharecast News) - Jefferies downgraded insurers Admiral and Direct Line on Monday after a profit warning from Sabre Insurance last week.
Read moreJPMorgan downgrades Admiral, Direct Line after Sabre profit warning
15th Jul 2022 14:42
(Sharecast News) - JPMorgan Cazenove downgraded its stance on insurers Direct Line and Admiral on Friday after both suffered heavy losses a day earlier on the back of a profit warning from Sabre Insurance.
Read moreAdmiral 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.
Read moreAdmiral 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.
Read moreAdmiral 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.
Read moreAdmiral 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.
Read moreBerenberg 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.
Read moreAdmiral 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.
Read moreCredit 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.
Read moreWednesday broker round-up
16th Jun 2021 12:50
(Sharecast News) - Pets At Home: Berenberg reiterates buy with a target price of 540p.
Read moreAdmiral 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.
Read moreAdmiral 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.
Read more