Esure Group PLC (ESUR) Receives Average Rating of “Hold” from Brokerages
Shares of Esure Group PLC (LON:ESUR) have earned a consensus recommendation of “Hold” from the fifteen research firms that are currently covering the firm, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and two have issued a buy rating on the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is GBX 262 ($3.48).
ESUR has been the subject of several research reports. Numis Securities Ltd raised their target price on Esure Group PLC from GBX 315 ($4.18) to GBX 320 ($4.24) and gave the company an “add” rating in a research note on Monday, August 7th. Deutsche Bank AG reaffirmed a “buy” rating and set a GBX 310 ($4.11) price target on shares of Esure Group PLC in a research note on Friday, July 21st. HSBC Holdings plc upped their price target on Esure Group PLC from GBX 272 ($3.61) to GBX 285 ($3.78) and gave the stock a “buy” rating in a research note on Tuesday, June 13th. Peel Hunt reiterated a “hold” rating and issued a GBX 285 ($3.78) price target on shares of Esure Group PLC in a report on Thursday, August 3rd. Finally, J P Morgan Chase & Co reiterated a “neutral” rating and issued a GBX 260 ($3.45) price target on shares of Esure Group PLC in a report on Thursday, July 20th.
Shares of Esure Group PLC (LON ESUR) traded down 1.66% during midday trading on Wednesday, hitting GBX 277.60. 304,616 shares of the stock traded hands. The firm has a 50-day moving average price of GBX 275.78 and a 200-day moving average price of GBX 272.85. The stock’s market capitalization is GBX 1.16 billion. Esure Group PLC has a 52 week low of GBX 183.10 and a 52 week high of GBX 309.00.
The firm also recently declared a dividend, which will be paid on Friday, October 13th. Investors of record on Thursday, August 31st will be given a GBX 4.10 ($0.05) dividend. The ex-dividend date is Thursday, August 31st. This represents a yield of 1.41%.
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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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