Admiral Group upgraded to “outperform” as RBC lifts PT to 3,560p on profit beat

Admiral Group has been upgraded to 'outperform' by RBC after the company reported better-than-expected profits. RBC has also raised its price target to 3,560p, reflecting optimism in the company's financial performance. The upgrade suggests that analysts expect continued strength in Admiral's business operations and financial stability. This positive outlook could lead to increased investor interest in Admiral Group shares. Overall, the news signals a bullish sentiment towards Admiral Group in the near term.