Credit Suisse Group Trims Esure Group PLC (ESUR) Target Price to GBX 290

Esure Group PLC (LON:ESUR) had its target price dropped by equities research analysts at Credit Suisse Group from GBX 315 ($4.14) to GBX 290 ($3.81) in a research note issued to investors on Tuesday. The brokerage presently has a “neutral” rating on the stock. Credit Suisse Group’s price objective would indicate a potential upside of 14.62% from the stock’s previous close.

A number of other brokerages have also recently issued reports on ESUR. Deutsche Bank AG reissued a “buy” rating and issued a GBX 310 ($4.08) target price on shares of Esure Group PLC in a report on Friday, July 21st. J P Morgan Chase & Co reaffirmed a “neutral” rating and set a GBX 260 ($3.42) price target on shares of Esure Group PLC in a report on Thursday, July 20th. Shore Capital reaffirmed a “sell” rating on shares of Esure Group PLC in a report on Thursday, August 3rd. Peel Hunt reaffirmed a “hold” rating and set a GBX 285 ($3.75) price target on shares of Esure Group PLC in a report on Thursday, August 3rd. Finally, Berenberg Bank raised their price target on Esure Group PLC from GBX 193 ($2.54) to GBX 247 ($3.25) and gave the company a “sell” rating in a report on Monday, August 7th. Four equities research analysts have rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of GBX 271.08 ($3.57).

Esure Group PLC (ESUR) opened at GBX 253 ($3.33) on Tuesday. Esure Group PLC has a twelve month low of GBX 190 ($2.50) and a twelve month 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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