Esure Group PLC (ESUR) Receives Consensus Recommendation of “Hold” from Brokerages
Esure Group PLC (LON:ESUR) has been given a consensus recommendation of “Hold” by the seventeen analysts that are covering the firm, Marketbeat.com reports. Three investment analysts have rated the stock with a sell recommendation, eleven have assigned a hold recommendation and three have issued a buy recommendation on the company. The average 1 year price objective among brokerages that have covered the stock in the last year is GBX 267.87 ($3.48).
Several research analysts have commented on ESUR shares. Credit Suisse Group downgraded Esure Group PLC to a “neutral” rating and lifted their price target for the stock from GBX 275 ($3.57) to GBX 315 ($4.09) in a research report on Wednesday, July 12th. J P Morgan Chase & Co reaffirmed a “neutral” rating and issued a GBX 260 ($3.38) price target on shares of Esure Group PLC in a research report on Friday, August 4th. Barclays PLC reaffirmed an “equal weight” rating and issued a GBX 237 ($3.08) price target on shares of Esure Group PLC in a research report on Friday, May 5th. Numis Securities Ltd lifted their price target on Esure Group PLC from GBX 315 ($4.09) to GBX 320 ($4.15) and gave the stock an “add” rating in a research report on Monday, August 7th. Finally, Berenberg Bank lifted their price target on Esure Group PLC from GBX 193 ($2.51) to GBX 247 ($3.21) and gave the stock a “sell” rating in a research report on Monday, August 7th.
Shares of Esure Group PLC (LON ESUR) traded down 0.49% during mid-day trading on Tuesday, reaching GBX 287.00. 343,629 shares of the company’s stock traded hands. The company’s market capitalization is GBX 1.20 billion. Esure Group PLC has a 1-year low of GBX 183.10 and a 1-year high of GBX 311.00. The firm has a 50-day moving average price of GBX 294.95 and a 200-day moving average price of GBX 256.76.
The company also recently disclosed a dividend, which will be paid on Friday, October 13th. Stockholders of record on Thursday, August 31st will be given a dividend of GBX 4.10 ($0.05) per share. This represents a dividend yield of 1.41%. The ex-dividend date of this dividend is Thursday, August 31st.
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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