Esure Group PLC (ESUR) Receives Hold Rating from Peel Hunt
Esure Group PLC (LON:ESUR)‘s stock had its “hold” rating reissued by equities research analysts at Peel Hunt in a report issued on Tuesday. They currently have a GBX 280 ($3.47) price target on the stock. Peel Hunt’s price objective would indicate a potential downside of 5.72% from the company’s previous close.
ESUR has been the topic of a number of other research reports. BNP Paribas reiterated an “overweight” rating and set a GBX 340 ($4.21) price objective on shares of Esure Group PLC in a research note on Wednesday, September 14th. Canaccord Genuity boosted their target price on Esure Group PLC from GBX 260 ($3.22) to GBX 300 ($3.71) and gave the stock a “hold” rating in a report on Wednesday, September 14th. JPMorgan Chase & Co. reissued an “overweight” rating and set a GBX 340 ($4.21) target price on shares of Esure Group PLC in a report on Tuesday, September 13th. HSBC decreased their target price on Esure Group PLC from GBX 307 ($3.80) to GBX 300 ($3.71) and set a “buy” rating on the stock in a report on Wednesday, June 29th. Finally, Barclays PLC boosted their target price on Esure Group PLC from GBX 315 ($3.90) to GBX 334 ($4.13) and gave the stock an “overweight” rating in a report on Wednesday, June 29th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and six have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of GBX 290.23 ($3.59).
Esure Group PLC (LON:ESUR) opened at 291.90 on Tuesday. Esure Group PLC has a one year low of GBX 220.60 and a one year high of GBX 311.00. The firm’s 50 day moving average price is GBX 289.88 and its 200-day moving average price is GBX 274.69. The company’s market capitalization is GBX 1.21 billion.
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The firm also recently disclosed a dividend, which will be paid on Friday, October 21st. Investors of record on Thursday, September 8th will be given a dividend of GBX 3 ($0.04) per share. The ex-dividend date is Thursday, September 8th. This represents a dividend yield of 1.12%.
Esure Group PLC Company Profile
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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