Esure Group PLC (ESUR) Given Average Rating of “Hold” by Brokerages
Esure Group PLC (LON:ESUR) has received a consensus recommendation of “Hold” from the sixteen research firms that are presently covering the company, MarketBeat reports. Three analysts have rated the stock with a sell recommendation, eight have given a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month price target among brokers that have covered the stock in the last year is GBX 247.29 ($3.15).
ESUR has been the topic of several analyst reports. Numis Securities Ltd upgraded Esure Group PLC to a “buy” rating and raised their price objective for the stock from GBX 220 ($2.80) to GBX 275 ($3.50) in a report on Tuesday, March 7th. Deutsche Bank AG restated a “buy” rating and set a GBX 250 ($3.18) price objective on shares of Esure Group PLC in a report on Friday, March 24th. HSBC Holdings plc raised their price objective on Esure Group PLC from GBX 272 ($3.46) to GBX 285 ($3.63) and gave the stock a “buy” rating in a report on Tuesday, June 13th. Barclays PLC cut Esure Group PLC to an “equal weight” rating and set a GBX 234 ($2.98) price objective on the stock. in a report on Tuesday, April 18th. Finally, Peel Hunt restated a “hold” rating and set a GBX 200 ($2.54) price objective on shares of Esure Group PLC in a report on Friday, March 10th.
Esure Group PLC (LON ESUR) traded up 0.95% during midday trading on Monday, reaching GBX 298.80. The company’s stock had a trading volume of 469,485 shares. Esure Group PLC has a 1-year low of GBX 183.10 and a 1-year high of GBX 311.00. The company has a 50 day moving average price of GBX 273.26 and a 200 day moving average price of GBX 230.63. The firm’s market cap is GBX 1.25 billion.
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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 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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