Admiral Share News (ADM)

LONDON BROKER RATINGS: Jefferies raises Direct Line; BoA cuts boohoo

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday afternoon:

Berenberg lowers target price on Admiral

(Sharecast News) - Analysts at Berenberg lowered their target price on insurance firm Admiral Group from 2,688.0p to 2,543.0p on Monday but stated its defensive model equalled a "premium valuation".

LONDON BROKER RATINGS: HSBC cuts NCC; Exane BNP cuts Man Group

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

LONDON BROKER RATINGS: Barclays raises Tritax EuroBox; DB cuts Admiral

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

FTSE 100 inches up as investors assess Powell's comments; Hiscox gains

Restaurant Group slumps on plans to close restaurants

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LONDON MARKET CLOSE: Stocks mostly down on hawkish Powell comments

(Alliance News) - Stock prices in London closed mostly lower on Wednesday, as investors continued to fret over comments made by the US Federal Reserve Chair Jerome Powell on Tuesday.

No free lunch, even on the wall of worry: Barclays

STOXX 600 down 0.1%

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LONDON MARKET MIDDAY: Stocks down, pound below USD1.19 on US rate view

(Alliance News) - Stock prices in London were lower at midday on Wednesday, with investors still reeling from surprisingly hawkish comments by US Federal Reserve Chair Jerome Powell on Tuesday.

Equity risk premium is down, but no need to adjust cost of equity - Bernstein

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Real estate drags on STOXX but results buffer losses

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REAL ESTATE DRAGS ON STOXX 600 BUT RESULTS BUFFER LOSSES(0928 GMT)

TOP NEWS: Admiral profit falls in 2022 amid higher claims costs

(Alliance News) - Admiral Group PLC on Wednesday reported a much lower profit for 2022 than for 2021, citing higher claims costs due to high inflation, amid high energy costs due to Russia's war in Ukraine.

LONDON MARKET OPEN: Stocks slide as higher US interest rates priced in

(Alliance News) - Stock prices in London opened in the red on Wednesday morning, after comments by US Federal Reserve Chair Jerome Powell put a larger 50-basis-point interest hike at the US central bank's next meeting in March firmly on the radar.

LONDON BRIEFING: UK insurers report mixed results and change chairs

(Alliance News) - Stocks in London are set to open lower on Wednesday, as markets saw any prospect of a dovish pivot from the US Federal Reserve dashed on Tuesday after its chair said rates would likely remain high.

Admiral cuts dividend as FY profits miss expectations

(Sharecast News) - Admiral cut its full-year dividend on Wednesday as profits fell in a "challenging" market, with the insurer hit by rising claims and costs.

Citi downgrades Admiral to 'neutral', reiterates 'sell' on Direct Line

(Sharecast News) - Citi downgraded its stance on Admiral on Friday and reiterated its 'sell' rating on Direct Line as it turned more cautious on UK motor insurance.