HSBC Boosts Esure Group PLC (ESUR) Price Target to GBX 243
Esure Group PLC (LON:ESUR) had its target price boosted by stock analysts at HSBC from GBX 240 ($2.97) to GBX 243 ($3.01) in a report issued on Friday. The firm currently has a “buy” rating on the stock. HSBC’s price objective suggests a potential upside of 20.00% from the company’s current price.
ESUR has been the subject of several other reports. Barclays PLC lowered their target price on shares of Esure Group PLC from GBX 340 ($4.21) to GBX 245 ($3.03) and set an “overweight” rating for the company in a report on Thursday, November 3rd. Peel Hunt lowered their target price on shares of Esure Group PLC from GBX 280 ($3.47) to GBX 190 ($2.35) and set a “hold” rating for the company in a report on Thursday, November 3rd. JPMorgan Chase & Co. lifted their target price on shares of Esure Group PLC from GBX 330 ($4.09) to GBX 340 ($4.21) and gave the company an “overweight” rating in a report on Monday, August 8th. Macquarie reiterated a “neutral” rating and set a GBX 275 ($3.41) target price on shares of Esure Group PLC in a report on Wednesday, September 7th. Finally, Deutsche Bank AG lifted their target price on shares of Esure Group PLC from GBX 267 ($3.31) to GBX 285 ($3.53) and gave the company a “hold” rating in a report on Monday, August 8th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and six have given a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of GBX 252.21 ($3.12).
Esure Group PLC (LON:ESUR) opened at 201.00 on Friday. The stock has a 50 day moving average price of GBX 277.28 and a 200-day moving average price of GBX 273.12. The company’s market capitalization is GBX 836.36 million. Esure Group PLC has a 12-month low of GBX 183.10 and a 12-month high of GBX 311.00.
About Esure Group PLC
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, Price comparison 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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