Esure Group (LON:ESUR) was upgraded by research analysts at Investec to a “hold” rating in a research report issued on Monday. The firm currently has a GBX 225 ($3.11) target price on the stock, down from their previous target price of GBX 240 ($3.32). Investec’s price objective would indicate a potential upside of 0.45% from the company’s previous close.
ESUR has been the topic of several other reports. HSBC increased their price target on shares of Esure Group from GBX 320 ($4.42) to GBX 325 ($4.49) and gave the company a “buy” rating in a research report on Thursday, November 23rd. Deutsche Bank lowered shares of Esure Group to a “hold” rating and set a GBX 315 ($4.35) price target on the stock. in a research report on Tuesday, February 13th. Credit Suisse Group lowered their price target on shares of Esure Group from GBX 315 ($4.35) to GBX 290 ($4.01) and set a “neutral” rating on the stock in a research report on Tuesday, November 14th. Barclays lowered their price target on shares of Esure Group from GBX 255 ($3.52) to GBX 249 ($3.44) and set an “equal weight” rating on the stock in a research report on Monday, December 11th. Finally, Numis Securities reiterated a “buy” rating and issued a GBX 320 ($4.42) price target on shares of Esure Group in a research report on Thursday, February 1st. Three equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of GBX 276.29 ($3.82).
Shares of Esure Group (ESUR) opened at GBX 224 ($3.09) on Monday. The company has a market cap of $937.41 and a P/E ratio of 1,178.95. Esure Group has a 1 year low of GBX 219.60 ($3.03) and a 1 year high of GBX 308.80 ($4.27).
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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