The Esure Group PLC (ESUR) PT Decreased to GBX 275 at Canaccord Genuity

The Esure Group PLC (ESUR) PT Decreased to GBX 275 at Canaccord Genuity

Esure Group PLC (LON:ESUR) had its price objective dropped by Canaccord Genuity from GBX 300 ($3.75) to GBX 275 ($3.44) in a research note issued to investors on Wednesday. The firm currently has a “hold” rating on the stock. Canaccord Genuity’s price objective indicates a potential upside of 35.80% from the company’s current price.

A number of other research analysts have also recently issued reports on the stock. Deutsche Bank AG reissued a “hold” rating on shares of Esure Group PLC in a research note on Wednesday, November 2nd. JPMorgan Chase & Co. restated an “overweight” rating and issued a GBX 340 ($4.25) target price on shares of Esure Group PLC in a research report on Wednesday, November 2nd. Peel Hunt restated a “hold” rating and issued a GBX 280 ($3.50) target price on shares of Esure Group PLC in a research report on Thursday, October 27th. Berenberg Bank restated a “sell” rating and issued a GBX 238 ($2.97) target price on shares of Esure Group PLC in a research report on Wednesday, October 26th. Finally, BNP Paribas restated an “overweight” rating and issued a GBX 340 ($4.25) target price on shares of Esure Group PLC in a research report on Wednesday, September 14th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and six have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of GBX 257.15 ($3.21).

Esure Group PLC (LON:ESUR) traded down 0.7839% during mid-day trading on Wednesday, hitting GBX 201.9848. 826,214 shares of the company were exchanged. The company’s 50-day moving average is GBX 246.99 and its 200 day moving average is GBX 267.67. The company’s market capitalization is GBX 840.46 million. Esure Group PLC has a 12-month low of GBX 183.10 and a 12-month high of GBX 311.00.

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