Esure Group PLC (ESUR) PT Raised to GBX 275 at Credit Suisse Group AG
Esure Group PLC (LON:ESUR) had its price objective upped by Credit Suisse Group AG from GBX 240 ($2.96) to GBX 275 ($3.40) in a research report sent to investors on Wednesday morning. The brokerage currently has an outperform rating on the stock.
A number of other research firms have also commented on ESUR. Deutsche Bank AG dropped their price objective on shares of Esure Group PLC from GBX 210 ($2.59) to GBX 203 ($2.51) and set a hold rating on the stock in a research note on Monday, January 23rd. Shore Capital restated a sell rating on shares of Esure Group PLC in a research note on Friday, March 10th. Barclays PLC dropped their price objective on shares of Esure Group PLC from GBX 211 ($2.61) to GBX 210 ($2.59) and set an overweight rating on the stock in a research note on Monday, February 6th. Berenberg Bank restated a sell rating and issued a GBX 176 ($2.17) price objective on shares of Esure Group PLC in a research note on Thursday, February 9th. Finally, Royal Bank of Canada restated an underperform rating and issued a GBX 185 ($2.28) price objective on shares of Esure Group PLC in a research note on Wednesday, December 7th. Three investment analysts have rated the stock with a sell rating, six have given a hold rating and seven have assigned a buy rating to the company. Esure Group PLC presently has a consensus rating of Hold and a consensus target price of GBX 226.71 ($2.80).
Shares of Esure Group PLC (LON:ESUR) opened at 240.00 on Wednesday. The stock’s market capitalization is GBX 999.84 million. The stock’s 50 day moving average is GBX 215.81 and its 200 day moving average is GBX 232.11. Esure Group PLC has a 1-year low of GBX 183.10 and a 1-year high of GBX 311.00.
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The firm also recently declared a dividend, which will be paid on Friday, May 26th. Shareholders of record on Thursday, April 13th will be issued a GBX 10.50 ($0.13) dividend. This represents a dividend yield of 4.38%. The ex-dividend date of this dividend is Thursday, April 13th. This is an increase from Esure Group PLC’s previous dividend of $3.00.
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 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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