Esure Group PLC’s (ESUR) “Hold” Rating Reiterated at Peel Hunt
Esure Group PLC (LON:ESUR)‘s stock had its “hold” rating reiterated by analysts at Peel Hunt in a report released on Thursday. They presently have a GBX 285 ($3.68) price target on the stock. Peel Hunt’s target price would indicate a potential upside of 6.62% from the company’s current price.
Several other research analysts also recently weighed in on the stock. Berenberg Bank upped their target price on shares of Esure Group PLC from GBX 193 ($2.49) to GBX 247 ($3.19) and gave the company a “sell” rating in a research note on Monday, August 7th. Numis Securities Ltd upped their target price on shares of Esure Group PLC from GBX 315 ($4.07) to GBX 320 ($4.13) and gave the company an “add” rating in a research note on Monday, August 7th. J P Morgan Chase & Co restated a “neutral” rating and issued a GBX 260 ($3.36) target price on shares of Esure Group PLC in a research note on Friday, August 4th. Shore Capital restated a “sell” rating on shares of Esure Group PLC in a research note on Thursday, August 3rd. Finally, Deutsche Bank AG restated a “buy” rating and issued a GBX 310 ($4.00) target price on shares of Esure Group PLC in a research note on Friday, July 21st. Three equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of GBX 267.87 ($3.46).
Shares of Esure Group PLC (LON:ESUR) traded down 1.23% during midday trading on Thursday, hitting GBX 264.00. 423,526 shares of the stock were exchanged. Esure Group PLC has a 12-month low of GBX 183.10 and a 12-month high of GBX 311.00. The firm’s market cap is GBX 1.10 billion. The firm has a 50 day moving average of GBX 286.15 and a 200 day moving average of GBX 265.60.
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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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