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).
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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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