Broker Recommendations

Citi downgrades Admiral to 'neutral' from 'buy'

By Michele Maatouk

Date: Tuesday 29 Jul 2025

(Sharecast News) - Citi downgraded Admiral on Tuesday to 'neutral' from 'buy' as it pointed to 13% expected total return.
The bank increased its 2025/26 earnings per share estimates by 3% to 4%, mainly due to higher investment income, while also introducing 2027 estimates.

Its target price rose to 3,535p...

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