26th Oct 2016 17:40
(ShareCast News) - FirstGroup: Goldman Sachs keeps at buy with a target price of 168p. Esure: Berenberg stays at sell, 238p target. Anglo American: Deutsche Bank reiterates hold with a 965p target. Intertek: UBS reiterates buy with a 4100p target. Sainsbury: Goldman Sachs reiterates sell with a 1
Read more11th Oct 2016 13:05
(ShareCast News) - Esure updated the market on its proposed demerger of Gocompare.com on Tuesday, saying shareholders get to vote on it at a general meeting on 1 November. The group had announced plans in September to spin off its financial services comparison website via a flotation on the London S
Read more14th Sep 2016 14:48
(ShareCast News) - Esure's plans to de-merge Gocompare, its price comparison website, makes sense, the Financial Times's Lex column said. "There is trapped value there," Lex added. Insurance companies are all about managing risk and are sustained on capital, whereas the website is a wholly diffe
Read more13th Sep 2016 07:03
(ShareCast News) - Insurer Esure has begun working on plans to spin off its financial services comparison website GoCompare.com via a flotation on the London main market. The FTSE 250 company said the spin-out had the potential to enhance business growth, performance and shareholder value, after a s
Read more12th Sep 2016 10:37
(ShareCast News) - Motor insurance group Esure is reportedly set to unveil plans this week for the demerger of its price comparison business, GoCompare. According to Sky News, Esure's board is expected to sign off on the £500m demerger in the next few days. It was understood that under the demerger
Read more8th Sep 2016 09:57
(ShareCast News) - HSBC upgraded RSA Insurance to 'buy' from 'hold' and raised the price target to 595p from 520p despite the strong share price performance. The bank noted RSA shares are up 19% year-to-date, outperforming the FTSE 100 index and the DJ Stoxx Insurance index by 9% and 36%, respective
Read more5th Aug 2016 07:20
(ShareCast News) - Esure Group reported a drop in first-half profit on Friday as the insurer took a hit from adverse weather events. For the six months to the end of June, gross written premiums were up 16.3% to £320.4m but underlying pre-tax profit fell 1.9% to £45.6m as adverse weather events in t
Read more1st Aug 2016 09:49
(ShareCast News) - Thomas Cook: Berenberg reiterates hol d with a target price of 60p. Diageo: JP Morgan maintains overweight with a 2400p target. Indivior: Jefferies reiterates buy with a 330p target. Anglo American: HSBC stays at hold with a 930p target. Just Eat: UBS keeps at sell with a targ
Read more30th Jun 2016 12:31
(ShareCast News) - Insurer Esure said on Thursday that it has not received an approach for the company. It made the statement in response to a Sky News report earlier in the day suggesting it was being circle by private equity firms and overseas insurance groups amid signs its founder may be willing
Read more14th Jun 2016 09:34
(ShareCast News) - Insurers are likely to face more more claims, more intense price competition and slimmer margins, Fitch Ratings said, due to changes to UK laws on disputing commercial insurance claims and timing of payments due to come into force in August and next year. Coming into force on 12 A
Read more8th Jun 2016 13:18
(ShareCast News) - Hochschild Mining: UBS downgrades to neutral with a target price of 160p. Esure Group: JP Morgan keeps at overweight with a 330p target. Royal Dutch Shell: RBC reiterates outperform with a target price of 2000p and JP Morgan stays atneutral with a target price of 1630p. National
Read more7th Jun 2016 07:26
(ShareCast News) - Direct sales insurance firm Esure announced a strategic review of its Gocompare comparison service on Tuesday, and indicated an interest in spinning it out on its own. The FTSE 250 firm said that, in the first full year of ownership after acquiring the outstanding 50% of Gocompare
Read more27th May 2016 15:30
(ShareCast News) - FTSE 250 was marginally firmer in late afternoon trade as UK traders wound down ahead of a long weekend, with few of today's in-the-news mid-cap stocks figuring among that index's top-10 risers. Shares in Phoenix Group Holdings were ahead as it agreed with AXA UK to buy AXA Wealth
Read more5th May 2016 08:44
(ShareCast News) - Insurance group Esure said first quarter gross written premiums rose 15.5% to £151.0m as income from it's Gompare.com website jumped 19% to £36.3m. Chief executive Stuart Vann said he expected to increase Gocompare.com's full year pre-tax profits by 20%-30%. In-force policies wer
Read more8th Mar 2016 07:06
(ShareCast News) - Market sentiment took a hit overnight from weaker than expected trade numbers out of China ahead of what may be a key hearing from Bank of England governor Mark Carney and deputy governor Jon Cunliffe before the Treasury Select Committee on the financial costs and benefits of the
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