HSBC Holdings plc Reaffirms “Buy” Rating for Esure Group PLC (ESUR)

HSBC Holdings plc reissued their buy rating on shares of Esure Group PLC (LON:ESUR) in a research note released on Thursday morning.

Other equities research analysts have also issued research reports about the company. J P Morgan Chase & Co restated a neutral rating and set a GBX 260 ($3.42) price objective on shares of Esure Group PLC in a research report on Thursday, July 20th. Berenberg Bank boosted their price objective on Esure Group PLC from GBX 193 ($2.54) to GBX 247 ($3.25) and gave the stock a sell rating in a research report on Monday, August 7th. Numis Securities Ltd boosted their price objective on Esure Group PLC from GBX 315 ($4.14) to GBX 320 ($4.21) and gave the stock an add rating in a research report on Monday, August 7th. Shore Capital restated a sell rating on shares of Esure Group PLC in a research report on Monday, September 18th. Finally, Peel Hunt restated a hold rating and set a GBX 285 ($3.75) price objective on shares of Esure Group PLC in a research report on Wednesday. Four analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have given a buy rating to the stock. The company presently has an average rating of Hold and a consensus price target of GBX 273.17 ($3.59).

Shares of Esure Group PLC (LON ESUR) traded up GBX 1.40 ($0.02) on Thursday, hitting GBX 261.40 ($3.44). The stock had a trading volume of 813,465 shares, compared to its average volume of 328,797. Esure Group PLC has a one year low of GBX 183.10 ($2.41) and a one year high of GBX 308.80 ($4.06).

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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 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 PLC (LON:ESUR)

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