Friday broker round-up
31st Aug 2018 13:21
(Sharecast News) - Admiral: Peel Hunt downgrades to hold with a target price of 1,085p.
Read moreTuesday broker round-up
28th Aug 2018 13:05
(Sharecast News) - John Laing Group: RBC Capital Markets downgrades to sector perform with a target price of 330p.
Read moreAdmiral's 'same old story' overvalues reserve releases, Berenberg says
28th Aug 2018 10:08
(Sharecast News) - Admiral's share price attaches value to unsustainable reserve releases, Berenberg said as the broker maintained its 'sell' rating on the FTSE 100 company's shares.
Read moreUK insurance comparison firms' shares slump as Amazon plans to launch rival site
16th Aug 2018 11:12
(Sharecast News) - Shares in UK insurance price comparison firms such as GoCompare and Moneysupermarket have taken a hit following a report that Amazon is plotting the launch of a UK price comparison website for insurance.
Read moreAdmiral pays out bumper dividend as European arm breaks even
15th Aug 2018 07:33
(Sharecast News) - Admiral profits zoomed ahead in the first half of the year, as several of the insurer's European businesses broke into profits and its UK motor insurance arm outperformed in a tough market.
Read moreEsure in 'advanced' talks with Bain Capital about 280p a share offer
13th Aug 2018 11:23
(Sharecast News) - Esure confirmed on Monday that it has received an unsolicited proposal from private equity firm Bain Capital at 280p per share in cash.
Read moreTuesday broker round-up
31st Jan 2017 08:55
(ShareCast News) - Whitbread: HSBC reiterates Buy with a target price of 4800p Ashmore Group: Goldman Sachs reiterates Buy with a target price of 370p. Vodafone: JPMorgan reiterates Overweight with a target price of 193p. Ferrexpo: JPMorgan upgrades to Overweight with a target price of 205p. Virg
Read moreAdmiral chairman Lyons jumps ship after 16 years amid industry uncertainty
25th Jan 2017 15:34
(ShareCast News) - After more than a decade and a half in the role, Admiral Group chairman Alastair Lyons has stepped down from the role as the industry enters an uncertain period. Lyons, who started in June 2000 and led the Cardiff-headquartered insurer through a management buy-out and an initial
Read moreFacebook blocks Admiral's latest car insurance product
2nd Nov 2016 12:13
(ShareCast News) - Admiral's launch of a new app for first-time car owners has been postponed after Facebook blocked the insurer from sifting through the profiles of some of its users to determine what kind of driver they would be as this would breach its usage policy. With its 'firstcarquote' app,
Read moreFriday broker round-up
16th Sep 2016 10:54
(ShareCast News) - Admiral Group: Berenberg reiterates hold with a target price of 1804p. Vodafone: Barclays reiterates overweight, 260p target. Next: HSBC keeps at hold with a 4485p target. Asos: JP Morgan reiterates overweight with a 5400p target. Moneysupermarket: RBC stays at outperform with
Read moreSector movers: Grocers and non-life insurers lead gains
15th Sep 2016 14:11
(ShareCast News) - Grocers and non-life insurance paced advances, with Morrisons buoying the former after posting what analysts described as an "encouraging" set of interims. Wm Morrison saw like-for-like sales excluding fuel and VAT increase by 1.4% during the first six months of the year, driving
Read moreThursday broker round-up
8th Sep 2016 14:03
(ShareCast News) - Tesco: JP Morgan reiterates underweight with a target price of 135p. G4S: Jefferies maintains underperform with a 160p target. Severn Trent: UBS keeps at neutral with a 2310p target. ITV: JP Morgan reiterates overweight with a 233p target. Babcock: Goldman Sachs keeps at buy wi
Read moreHSBC upgrades RSA, downgrades Hastings
8th Sep 2016 09:57
(ShareCast News) - HSBC upgraded RSA Insurance to 'buy' from 'hold' and raised the price target to 595p from 520p despite the strong share price performance. The bank noted RSA shares are up 19% year-to-date, outperforming the FTSE 100 index and the DJ Stoxx Insurance index by 9% and 36%, respective
Read moreAdmiral is not a post-Brexit safe-haven stock - Macquarie Research
22nd Aug 2016 15:34
(ShareCast News) - Macquarie Research disagrees with the market view that insurer Admiral is a post-Brexit referendum safe-haven stock, and is in fact a seller of the equity. "Admiral is negatively exposed to the flattening yield curve (due to the long duration of the Periodic Payment Order liabilit
Read moreMonday broker round-up
22nd Aug 2016 09:09
(ShareCast News) - William Hill: Barclays reiterates overweight with a target price of 340p. Anglo American: JP Morgan maintains overweight with a 1100p target. Rio Tinto: Macquarie reiterates outperform with a 2900p target. Admiral Group: Berenberg reiterates underweight with a 1746p target. Eas
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