Esure Group PLC (ESUR) Receives Consensus Rating of “Hold” from Brokerages
Esure Group PLC (LON:ESUR) has been given a consensus recommendation of “Hold” by the fourteen brokerages that are presently covering the firm, Marketbeat.com reports. Four analysts have rated the stock with a sell recommendation, seven have given a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is GBX 276.36 ($3.75).
ESUR has been the subject of several recent research reports. HSBC lifted their price target on Esure Group from GBX 320 ($4.34) to GBX 325 ($4.41) and gave the stock a “buy” rating in a research report on Thursday, November 23rd. Shore Capital reissued a “sell” rating on shares of Esure Group in a research note on Wednesday, November 8th. JPMorgan Chase & Co. downgraded shares of Esure Group to an “underweight” rating and decreased their price objective for the stock from GBX 300 ($4.07) to GBX 290 ($3.93) in a research note on Tuesday, October 24th. Deutsche Bank reissued a “buy” rating and issued a GBX 300 ($4.07) price objective on shares of Esure Group in a research note on Tuesday, October 24th. Finally, Barclays decreased their price objective on shares of Esure Group from GBX 255 ($3.46) to GBX 249 ($3.38) and set an “equal weight” rating for the company in a research note on Monday, December 11th.
Esure Group (LON ESUR) traded up GBX 2.15 ($0.03) on Friday, reaching GBX 255.15 ($3.46). The company had a trading volume of 1,220,000 shares, compared to its average volume of 639,108. The stock has a market capitalization of $1,070.00 and a price-to-earnings ratio of 1,701.00. Esure Group has a 12 month low of GBX 192.40 ($2.61) and a 12 month high of GBX 308.80 ($4.19).
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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.
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