Esure Group (ESUR) Rating Increased to Add at Peel Hunt

Esure Group (LON:ESUR) was upgraded by stock analysts at Peel Hunt to an “add” rating in a research report issued on Thursday. The brokerage presently has a GBX 295 ($3.97) price objective on the stock, up from their previous price objective of GBX 285 ($3.84). Peel Hunt’s price target suggests a potential upside of 13.07% from the stock’s current price.

ESUR has been the subject of several other reports. Deutsche Bank reaffirmed a “buy” rating and set a GBX 315 ($4.24) price objective on shares of Esure Group in a research note on Friday, September 8th. reissued a “buy” rating on shares of Esure Group in a research note on Thursday, November 9th. HSBC increased their target price on Esure Group from GBX 320 ($4.31) to GBX 325 ($4.37) and gave the stock a “buy” rating in a research note on Thursday, November 23rd. Credit Suisse Group cut their target price on Esure Group from GBX 315 ($4.24) to GBX 290 ($3.90) and set a “neutral” rating for the company in a research note on Tuesday, November 14th. Finally, J P Morgan Chase & Co downgraded Esure Group to an “underweight” rating and cut their target price for the stock from GBX 300 ($4.04) to GBX 290 ($3.90) in a research note on Tuesday, October 24th. Four investment analysts have rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of GBX 276 ($3.71).

Shares of Esure Group (LON ESUR) opened at GBX 260.90 ($3.51) on Thursday. Esure Group has a one year low of GBX 190 ($2.56) and a one year high of GBX 308.80 ($4.16).

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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.

Analyst Recommendations for Esure Group (LON:ESUR)

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