Unfortunately, shares in Admiral seem more pricey than may of its peers. Based on analysts' expectations that underlying EPS will be 97.6 pence for 2015, shares in Admiral Group currently trade with a forward P/E of 16.0. But Admiral's shares do ...
The insurance sector holds huge appeal for long term investors. That's because it offers a combination of low valuations, high yields and encouraging growth prospects which, in 2016, could allow a number of its constituents to light up the FTSE 100.
Although 2016 is less than two trading sessions old, the FTSE 100 has fallen by 2.25% since the turn of the year. While this rate of fall is unlikely to continue beyond the short term, volatility could remain a key feature for investors this year.
Life and general insurance giant Aviva (LSE: AV) looks attractive right now. The shares are down from recent highs, dragged down in line with general market weakness, no doubt, and now the firm's valuation seems compelling.