Rating Alert: esure Group plc (LON:ESUR) Buy Rating Kept by Analysts at Citigroup; The Target Price per Share is Set to GBX 225.00

November 30, 2016 - By Peter Kolinski

esure Group plc (LON:ESUR) Rating

In a research report shared with investors and clients on 30 November, esure Group plc (LON:ESUR) stock had its Buy Rating reiterated by research analysts at Citigroup. They currently have a GBX 225.00 price target on firm. Citigroup’s target indicates a potential upside of 12.61% from the company’s stock close price.

Esure Group PLC (LON:ESUR) Ratings Coverage

Out of 15 analysts covering esure Group plc (LON:ESUR), 8 rate it a “Buy”, 2 “Sell”, while 5 “Hold”. This means 53% are positive. GBX 340 is the highest target while GBX 190 is the lowest. The GBX 251 average target is 27.02% above today’s (GBX 197.6) stock price. esure Group plc has been the topic of 107 analyst reports since August 7, 2015 according to StockzIntelligence Inc. The rating was maintained by Barclays Capital on Thursday, July 21 with “Overweight”. The firm has “Buy” rating by Citigroup given on Monday, August 1. The rating was maintained by Canaccord Genuity on Wednesday, November 9 with “Hold”. Barclays Capital maintained the stock with “Overweight” rating in Monday, March 7 report. The stock of Esure Group PLC (LON:ESUR) earned “Hold” rating by Deutsche Bank on Thursday, July 28. The firm earned “Sell” rating on Friday, August 5 by Shore Capital. The firm earned “Hold” rating on Wednesday, November 25 by Peel Hunt. The firm has “Hold” rating given on Wednesday, September 14 by Beaufort Securities. The stock has “Buy” rating given by Citigroup on Friday, September 4. The company was maintained on Monday, August 10 by JP Morgan.

About 73,042 shares traded hands. Esure Group PLC (LON:ESUR) has declined 25.86% since May 2, 2016 and is downtrending. It has underperformed by 31.08% the S&P500.

esure Group plc is a holding company, which provides motor and home insurance services and products through its esure and Sheilas’ Wheels brands. The company has a market cap of 824.45 million GBP. The Company’s divisions include motor underwriting, home underwriting, non-underwritten additional services and investments. It has a 14.99 P/E ratio. The Motor underwriting segment includes the revenues and expenses attributable to its motor insurance underwriting activities inclusive of additional insurance products underwritten by it.

Another recent and important Esure Group PLC (LON:ESUR) news was published by Fool.Co.Uk which published an article titled: “What now for Esure Group plc after Gocompare.com plc demerger?” on November 03, 2016.

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