Numis Securities Upgrades Esure Group (ESUR) to Buy

Esure Group (LON:ESUR) was upgraded by analysts at Numis Securities to a “buy” rating in a research report issued on Friday, January 19th. The brokerage currently has a GBX 320 ($4.42) price target on the stock. Numis Securities’ price target points to a potential upside of 39.62% from the stock’s previous close.

Several other equities research analysts have also weighed in on ESUR. Peel Hunt reissued an “add” rating and set a GBX 295 ($4.08) target price on shares of Esure Group in a research report on Friday, January 19th. Shore Capital reissued a “sell” rating on shares of Esure Group in a research report on Friday, January 19th. Deutsche Bank raised their target price on Esure Group from GBX 310 ($4.28) to GBX 315 ($4.35) and gave the stock a “buy” rating in a research report on Thursday, January 4th. Barclays cut their target price on 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, HSBC lifted their price target on Esure Group from GBX 320 ($4.42) to GBX 325 ($4.49) and gave the stock a “buy” rating in a research report on Thursday, November 23rd. Four equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and four have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of GBX 278.46 ($3.85).

Shares of Esure Group (LON ESUR) traded up GBX 3.60 ($0.05) during trading on Friday, reaching GBX 229.20 ($3.17). The company had a trading volume of 790,150 shares, compared to its average volume of 747,426. The stock has a market cap of $958.40 and a PE ratio of 1,528.00. Esure Group has a 12 month low of GBX 199.80 ($2.76) and a 12 month high of GBX 308.80 ($4.27).

TRADEMARK VIOLATION WARNING: “Numis Securities Upgrades Esure Group (ESUR) to Buy” was posted by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are viewing this piece on another website, it was illegally copied and reposted in violation of United States and international copyright and trademark laws. The original version of this piece can be accessed at https://www.dispatchtribunal.com/2018/02/13/numis-securities-upgrades-esure-group-esur-to-buy.html.

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)

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