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Home / Support and Resistance / Admiral (ADM.L) 13-11-19

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Admiral (ADM.L) 13-11-19

Will Admiral (ADM.L) shares break below the 2032p support zone, or will it return to highs of 2300p (+12%)?

 

  • Currently trading around the 2032p support at 2042p (at time of writing).
  • The price has tested this level repeatedly. Traders should be mindful of stop-loss placement.
  • Highs of 2300p have been seen in the recent past. Will we see this again? (+12%)
  • Shares -11% from 12-month highs; +4% from 12 month lows.

Latest News

02 Oct:  Geraint Jones, Financial Director, sold 27,600 shares in the firm on the 26th September 2019 at a price of 2093.46p. This Director currently has 82,378 shares.

02 Oct:  Geraint Jones, Financial Director, has been awarded 43,800 shares in the firm on the 26th September 2019. This Director currently has 109,978 shares.

03 Sep:  Barclays Capital reiterates its overweight rating on Admiral Group (ADM) and reduced the target price to 2288p (from 2314p).

20 Aug:  UBS has upgraded its rating on Admiral Group (ADM) to neutral (from sell) and increased the target price to 2075p (from 2000p).

15 Aug:  Annette Court, Chairman, bought 1,170 shares in the firm on the 15th August 2019 at a price of 2119p. This Director currently has 7,580 shares.

15 Aug:  David Stevens, CEO, sold 225,000 shares in the firm on the 14th August 2019 at a price of 2126p. This Director currently has 8,407,950 shares.

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

 

Click to enlarge

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