Esure Group’s (ESUR) Sell Rating Reaffirmed at Shore Capital

Esure Group (LON:ESUR)‘s stock had its “sell” rating reissued by research analysts at Shore Capital in a report issued on Friday.

Other equities analysts have also recently issued reports about the company. Peel Hunt upgraded Esure Group to an “add” rating and increased their target price for the stock from GBX 285 ($3.86) to GBX 295 ($4.00) in a report on Thursday, December 7th. HSBC increased their target price on Esure Group from GBX 320 ($4.34) to GBX 325 ($4.41) and gave the stock a “buy” rating in a report on Thursday, November 23rd. Deutsche Bank reiterated a “buy” rating and issued a GBX 300 ($4.07) target price on shares of Esure Group in a report on Tuesday, October 24th. reiterated a “buy” rating on shares of Esure Group in a report on Thursday, November 9th. Finally, Barclays lowered their price target on Esure Group from GBX 255 ($3.46) to GBX 249 ($3.38) and set an “equal weight” rating for the company in a research report on Monday, December 11th. Four research analysts have rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of GBX 278.08 ($3.77).

Shares of Esure Group (LON ESUR) remained flat at $GBX 245 ($3.32) on Friday. Esure Group has a 12-month low of GBX 197.10 ($2.67) and a 12-month high of GBX 308.80 ($4.19). The firm has a market capitalization of $1,020.00 and a P/E ratio of 1,633.33.

COPYRIGHT VIOLATION NOTICE: “Esure Group’s (ESUR) Sell Rating Reaffirmed at Shore Capital” was originally reported by American Banking News and is the property of of American Banking News. If you are viewing this story on another site, it was stolen and republished in violation of international copyright and trademark law. The legal version of this story can be viewed at https://www.americanbankingnews.com/2018/01/21/esure-groups-esur-sell-rating-reaffirmed-at-shore-capital.html.

Esure Group 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.

Analyst Recommendations for Esure Group (LON:ESUR)

Receive News & Ratings for Esure Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Esure Group and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply