Esure Group PLC Stock Rating Reaffirmed by JPMorgan Chase & Co. (ESUR)
Esure Group PLC (LON:ESUR)‘s stock had its “overweight” rating restated by stock analysts at JPMorgan Chase & Co. in a report issued on Tuesday. They currently have a GBX 300 ($5.05) target price on the stock. JPMorgan Chase & Co.’s target price would suggest a potential upside of 15.38% from the stock’s previous close.
Esure Group PLC (LON:ESUR) traded up 0.58% on Tuesday, hitting GBX 260.00. The stock had a trading volume of 231,559 shares. Esure Group PLC has a 52-week low of GBX 212.118 and a 52-week high of GBX 292.93. The stock’s 50-day moving average is GBX 263.9 and its 200-day moving average is GBX 265.7. The company’s market cap is £1.080 billion.
The company also recently announced a dividend, which is scheduled for Friday, October 17th. Stockholders of record on Wednesday, September 3rd will be paid a dividend of GBX 5.10 ($0.09) per share. This represents a dividend yield of 1.96%. The ex-dividend date is Wednesday, September 3rd.
Other equities research analysts have also recently issued reports about the stock. Analysts at Numis Securities Ltd reiterated an “add” rating on shares of Esure Group PLC in a research note on Monday. They now have a GBX 320 ($5.38) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Esure Group PLC in a research note on Friday. They now have a GBX 303 ($5.10) price target on the stock. Finally, analysts at Oriel Securities Ltd reiterated an “add” rating on shares of Esure Group PLC in a research note on Thursday, July 31st. They now have a GBX 290 ($4.88) price target on the stock. Five research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Esure Group PLC currently has an average rating of “Buy” and a consensus price target of GBX 408.11 ($6.87).
esure Group plc is is engaged in motor insurance business and home insurance business. Its principal underwriting business is the sale of motor insurance policies.
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