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Dividend growth potential Also offering dividend growth potential is insurance company Esure(LSE: ESUR). Its bottom line is forecast to rise by 32% in the current year, followed by further growth of 8% next year. This is ahead of the wider market's growth rate and should enable the motor and home insurance specialist to deliver strong dividend growth during the period. In fact, shareholder payouts are expected to rise at an annualised rate of 13% during the next two years. This should prove to be well above inflation and puts Esure on a forward yield of 5.7%. Its dividend payout ratio is expected to remain relatively comfortable. Even after the planned rise in dividends, profit is due to cover shareholder payouts around 1.5 times. This indicates that dividends could grow at a similar pace to net profit over the medium term without putting the company under financial strain. Esure currently trades on a P/E ratio of 12.5. This indicates there is upward re-rating potential - especially since it has such promising growth prospects. Certainly, its shares could become increasingly volatile as the momentum towards Brexit builds. However, with a wide margin of safety, low valuation, fast-growing dividends and a high yield, now could be the right time to buy it for the long term.
it was only me that had a problem: https://www.allagents.co.uk/countrywide-estate-management/
If I had shares in this lot I'd be selling the lot. In six months they have failed to resolve a rat issue at a building where I have two flats. Really, 6 months. They are a shambles!!!!!
Esure Group PLC with EPIC/TICKER LON:ESUR has had its stock rating noted as ‘Initiates/Starts’ with the recommendation being set at ‘OUTPERFORM’ this morning by analysts at Credit Suisse. Esure Group PLC are listed in the Financials sector within UK Main Market. Credit Suisse have set their target price at 240 GBX on its stock. This is indicating the analyst believes there is a potential upside of 15.9% from today’s opening price of 207 GBX. Over the last 30 and 90 trading days the company share price has increased 7 points and decreased 72 points respectively.
Wouldn't we all?!!!
Wouldn't we all?!!!
Wouldn't we all?!!!
With the Goco demerger the market cap is now below £800m, which makes it more digestible by a trade sale entity maybe?
Toscafund now holds 15.38% of this. Let's hope he has picked another winner here!
He's now increased the holding to 12.4%. I wonder what he knows?
No, not divi day. The issue is that the Solvency II ratio has reduced, which is making some analysts twitchy. However, from what I know of ADM, they don't carry anywhere near all the risk (they have fancy reinsurance arrangements), so the SII ratio isn't too big an issue in my opinion. Great results and an increased divi - happy days!
Recently stock market analysts have updated their consensus ratings on shares of esure Group (LON:ESUR). The newest analyst ratings which are still in issue on Thursday 4th of August state 6 analysts have a rating of “strong buy”, 0 analysts “buy”, 5 analysts “neutral”, 0 analysts “sell” and 1 analysts “strong sell”.
ESUR has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ today by analysts at JP Morgan Cazenove. Esure Group PLC are listed in the Financials sector within UK Main Market. JP Morgan Cazenove have set their target price at 330 GBX on its stock. This indicates the analyst now believes there is a potential upside of 28.8% from the opening price of 256.3 GBX.
And there's more: Shares in the British internet-based insurance company esure rose by 9% on June 30 as rumours swept the market that private equity companies and overseas trader buyers are considering an offer for the company. The shares were up by as much as 15% at one stage, but fell back after the company denied that it had received an approach. Nevertheless this did not altogether dampen speculation, with press reports admitting that it was not clear whether an approach had been made. Specific speculation suggested that the giant global private equity company KKR is pondering a bid, and it is thought that a number of other potential private equity and trade buyers are circling the company.
Shares in the insurance and price comparison group Esure jumped by almost 15pc after a report the firm was attracting takeover interest, forcing it to deny that it had heard from a suitor. Esure, which hired Deutsche Bank to run a strategic review of its Go Compare price comparison site earlier this month, said it continued to work on options but that “no approach has been received by the company” about a potential takeover
Esure Group PLC (LON:ESUR) had its price target upped by equities research analysts at Barclays from GBX 315 ($4.16) to GBX 334 ($4.41) in a research note issued on Wednesday. The firm presently has an “overweight” rating on the stock. Barclays’ price objective points to a potential upside of 31.39% from the stock’s current price.
According to an update released by analysts at Barclays the broker has now set a ‘Overweight’ rating on shares of Esure Group (LON:ESUR) with a price target of 296. Barclays on Monday reiterated Esure Group’s analyst rating as ‘Overweight’ with its price target of 296 highlighting a potential increase of 18.49% from Esure Group’s current price of 249.8.
According to an update released by analysts at Barclays the broker has now set a ‘Overweight’ rating on shares of Esure Group (LON:ESUR) with a price target of 296. Barclays on Monday reiterated Esure Group’s analyst rating as ‘Overweight’ with its price target of 296 highlighting a potential increase of 18.49% from Esure Group’s current price of 249.8.
Esure Group PLC with EPIC/TICKER LON:ESUR had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ this morning by analysts at Peel Hunt. Esure Group PLC are listed in the Financials sector within UK Main Market. Peel Hunt have set their target price at 260 GBX on its stock. This is indicating the analyst believes there is a potential upside of 12.5% from the opening price of 231.2 GBX. Over the last 30 and 90 trading days the company share price has decreased 23.1 points and decreased 16.6 points respectively.