Barclays Capital has cut its rating on esure and Hastings Group, while repeating its negative stance on Admiral. The bank now believes the trio of insurers are fully-valued, it said in a note to clients. Since January 2015, esure stocks have returned 73% including dividends.
Barclays Capital has cut its rating on esure and Hastings Group, while repeating its negative stance on Admiral. The bank now believes the trio of insurers are fully-valued, it said in a note to clients. Since January 2015, esure stocks have returned 89% including dividends.