RSA Insurance Group Rating Lowered to Add at AlphaValue (RSA)
RSA Insurance Group (LON:RSA) was downgraded by research analysts at AlphaValue to an “add” rating in a report released on Thursday, AnalystRatingsNetwork reports. They currently have a GBX 148.20 ($2.40) price target on the stock, down from their previous price target of GBX 149.10 ($2.41). AlphaValue’s price objective indicates a potential upside of 16.69% from the stock’s previous close.
RSA Insurance Group (LON:RSA) opened at 126.10 on Thursday. RSA Insurance Group has a one year low of GBX 107.30 and a one year high of GBX 137.30. The stock has a 50-day moving average of GBX 104.6 and a 200-day moving average of GBX 114.4. The company’s market cap is £4.603 billion.
Several other analysts have also recently commented on the stock. Analysts at JPMorgan Chase & Co. raised their price target on shares of RSA Insurance Group from GBX 132 ($2.13) to GBX 141 ($2.28) in a research note to investors on Tuesday. They now have an “overweight” rating on the stock. Separately, analysts at BNP Paribas reiterated an “outperform” rating on shares of RSA Insurance Group in a research note to investors on Thursday, October 10th. They now have a GBX 156 ($2.52) price target on the stock. Finally, analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of RSA Insurance Group in a research note to investors on Tuesday, October 8th. They now have a GBX 155 ($2.51) price target on the stock. Four analysts have rated the stock with a sell rating, eleven have given a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 129.89 ($2.10).
RSA Insurance Group plc is the holding company engaged in personal and commercial general insurance business.
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