Esure Group PLC (ESUR) Earns “Hold” Rating from Peel Hunt
Esure Group PLC (LON:ESUR)‘s stock had its “hold” rating reissued by stock analysts at Peel Hunt in a report released on Tuesday. They currently have a GBX 280 ($3.47) target price on the stock. Peel Hunt’s target price would suggest a potential downside of 5.72% from the stock’s previous close.
ESUR has been the topic of several other reports. JPMorgan Chase & Co. lifted their target price on shares of Esure Group PLC from GBX 330 ($4.08) to GBX 340 ($4.21) and gave the stock an “overweight” rating in a research report on Monday, August 8th. Macquarie reiterated a “neutral” rating and set a GBX 275 ($3.40) target price on shares of Esure Group PLC in a research report on Wednesday, September 7th. Deutsche Bank AG lifted their target price on shares of Esure Group PLC from GBX 267 ($3.30) to GBX 285 ($3.53) and gave the stock a “hold” rating in a research report on Monday, August 8th. Canaccord Genuity cut their target price on shares of Esure Group PLC from GBX 290 ($3.59) to GBX 260 ($3.22) and set a “hold” rating on the stock in a research report on Monday, June 27th. Finally, Beaufort Securities reiterated a “hold” rating on shares of Esure Group PLC in a research report on Monday, August 8th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and six have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of GBX 290.23 ($3.59).
Shares of Esure Group PLC (LON:ESUR) opened at 292.20 on Tuesday. The stock has a 50 day moving average of GBX 289.88 and a 200-day moving average of GBX 274.69. The company’s market cap is GBX 1.22 billion. Esure Group PLC has a 12 month low of GBX 220.60 and a 12 month high of GBX 311.00.
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The firm also recently declared a dividend, which will be paid on Friday, October 21st. Shareholders of record on Thursday, September 8th will be paid a dividend of GBX 3 ($0.04) per share. The ex-dividend date is Thursday, September 8th. This represents a yield of 1.12%.
About Esure Group PLC
esure Group plc is a holding company, which provides Motor and Home insurance products and services through its esure and Sheilas’ Wheels brands. The Company’s segments include Motor underwriting, Home underwriting, Non-underwritten additional services, Price comparison services and Investments. The Motor underwriting segment includes the revenues and expenses attributable to its Motor insurance underwriting activities inclusive of additional insurance products underwritten by it.
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