Esure Group (LON:ESUR) was upgraded by Peel Hunt to an “add” rating in a research report issued to clients and investors on Thursday. The brokerage presently has a GBX 295 ($3.97) target price on the stock, up from their prior target price of GBX 285 ($3.84). Peel Hunt’s target price would suggest a potential upside of 13.07% from the company’s current price.

Several other brokerages have also recently commented on ESUR. J P Morgan Chase & Co reissued an “underweight” rating on shares of Esure Group in a research note on Thursday, November 16th. Shore Capital reissued a “sell” rating on shares of Esure Group in a research note on Monday, September 18th. Deutsche Bank lowered their price target on Esure Group from GBX 315 ($4.24) to GBX 300 ($4.04) and set a “buy” rating for the company in a research note on Monday, September 18th. Credit Suisse Group lowered their price target on Esure Group from GBX 315 ($4.24) to GBX 290 ($3.90) and set a “neutral” rating for the company in a research note on Tuesday, November 14th. Finally, HSBC boosted their price target on Esure Group from GBX 320 ($4.31) to GBX 325 ($4.37) and gave the company a “buy” rating in a research note on Thursday, November 23rd. Four investment analysts have rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the company’s stock. Esure Group has a consensus rating of “Hold” and an average target price of GBX 276 ($3.71).

Shares of Esure Group (LON:ESUR) traded down GBX 0.90 ($0.01) during midday trading on Thursday, hitting GBX 260.90 ($3.51). The company had a trading volume of 492,858 shares, compared to its average volume of 673,791. Esure Group has a 1-year low of GBX 190 ($2.56) and a 1-year high of GBX 308.80 ($4.16).

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About Esure Group

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.

Analyst Recommendations for Esure Group (LON:ESUR)

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