Esure Group PLC (ESUR) Given Average Recommendation of “Hold” by Brokerages
Esure Group PLC (LON:ESUR) has earned an average recommendation of “Hold” from the seventeen brokerages that are currently covering the company, Marketbeat reports. Three investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have given a buy rating to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is GBX 268.20 ($3.46).
ESUR has been the subject of several recent research reports. HSBC Holdings plc boosted their price target on Esure Group PLC from GBX 272 ($3.51) to GBX 285 ($3.68) and gave the company a “buy” rating in a research note on Tuesday, June 13th. Macquarie reiterated a “neutral” rating and issued a GBX 234 ($3.02) price target on shares of Esure Group PLC in a research note on Monday, June 19th. Deutsche Bank AG boosted their price target on Esure Group PLC from GBX 280 ($3.62) to GBX 310 ($4.00) and gave the company a “buy” rating in a research note on Friday, June 23rd. Peel Hunt reiterated a “hold” rating and issued a GBX 200 ($2.58) price target on shares of Esure Group PLC in a research note on Monday, July 10th. Finally, Credit Suisse Group cut Esure Group PLC to a “neutral” rating and boosted their price target for the company from GBX 275 ($3.55) to GBX 315 ($4.07) in a research note on Wednesday, July 12th.
TRADEMARK VIOLATION NOTICE: “Esure Group PLC (ESUR) Given Average Recommendation of “Hold” by Brokerages” was first published by American Banking News and is owned by of American Banking News. If you are accessing this piece on another domain, it was illegally stolen and reposted in violation of United States & international trademark & copyright laws. The original version of this piece can be accessed at https://www.americanbankingnews.com/2017/09/09/esure-group-plc-esur-given-average-recommendation-of-hold-by-brokerages.html.
Esure Group PLC (LON:ESUR) traded down 1.82% during trading on Friday, hitting GBX 259.20. The company had a trading volume of 580,338 shares. The company’s market capitalization is GBX 1.08 billion. Esure Group PLC has a one year low of GBX 183.10 and a one year high of GBX 311.00. The stock has a 50-day moving average of GBX 284.28 and a 200 day moving average of GBX 265.54.
Esure Group PLC (LON:ESUR) last issued its quarterly earnings results on Wednesday, August 2nd. The company reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.01. Esure Group PLC had a return on equity of 27.00% and a net margin of 10.02%.
The company also recently declared a dividend, which will be paid on Friday, October 13th. Stockholders of record on Thursday, August 31st will be paid a GBX 4.10 ($0.05) dividend. This represents a dividend yield of 1.41%. The ex-dividend date is Thursday, August 31st.
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.
Receive News & Ratings for Esure Group PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Esure Group PLC and related companies with MarketBeat.com's FREE daily email newsletter.