Admiral Group stock gains as BofA backs UK insurers

Published on 09/17/2026 at 21:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Admiral Group stock is up around 35% year-to-date as of September 17, 2026, supported by stronger UK motor insurance pricing. BofA now rates the shares Buy with a 4,200 pence price objective and sees about 8% annual EPS growth from 2025 to 2028.

Modernes Bürogebäude mit Parkplatz, Symbolbild für britischen Kfz-Versicherer — Admiral Group plc (ISIN GB00B02J6398) betreibt moderne Bürostandorte für ihr Kfz-Versicherungsgeschäft in Cardiff, Illustration mit AI erstellt.

Admiral Group plc stock (ISIN GB00B02J6398) has delivered a roughly 35 percent year-to-date gain as of September 17, 2026, reflecting improved UK motor insurance pricing and renewed investor confidence in the sector. As Investing.com reported on September 17, 2026, Bank of America has highlighted Admiral among its preferred UK insurance names and reiterated a Buy rating with a 4,200 pence price objective.

Analyst support and valuation backdrop

According to Investing.com on September 17, 2026, Bank of America sees about 8 percent annual earnings-per-share growth for Admiral between 2025 and 2028 as past rate increases continue to flow through the portfolio.

The same report notes that Admiral's shares trade at roughly 14.2 times projected 2027 earnings, compared with an approximate 16-times 10-year average valuation multiple, suggesting the stock is still priced below its long-term norm even after the year-to-date rally.

Sector context and earnings outlook

As Investing.com explains, Bank of America favors Admiral alongside other UK insurance groups because sector yields remain attractive and reinsurance structures support capital-light growth.

For Admiral, the key medium-term driver remains UK motor pricing: BofA's scenario of around 8 percent EPS growth per year from 2025 to 2028 assumes that the improvements seen in recent years continue, with potential upside if the UK motor market strengthens further.

Stock positioning for investors

Admiral Group stock is part of the FTSE 100 universe in London, and the roughly 35 percent year-to-date gain reported by Investing.com on September 17, 2026 places it among the stronger-performing UK insurance names in 2026.

For investors, the combination of an expected mid-single to high-single-digit EPS growth profile and a valuation multiple below its 10-year average is a central part of the current investment case, even after the substantial price appreciation this year.