RSA Insurance Group’s Sell Rating Reaffirmed at Panmure Gordon (RSA)
RSA Insurance Group (LON:RSA)‘s stock had its “sell” rating reaffirmed by stock analysts at Panmure Gordon in a report issued on Thursday, StockRatingsNetwork.com reports. They currently have a GBX 90 ($1.48) target price on the stock. Panmure Gordon’s target price suggests a potential downside of 10.63% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Daniel Stewart & Co downgraded shares of RSA Insurance Group to a “hold” rating in a research note to investors on Thursday. They now have a GBX 100 ($1.64) price target on the stock, down previously from GBX 135 ($2.21). Separately, analysts at Deutsche Bank reiterated a “hold” rating on shares of RSA Insurance Group in a research note to investors on Thursday. They now have a GBX 92 ($1.51) price target on the stock. Finally, analysts at BNP Paribas reiterated an “outperform” rating on shares of RSA Insurance Group in a research note to investors on Wednesday. They now have a GBX 141 ($2.31) price target on the stock. Seven analysts have rated the stock with a sell rating, thirteen have issued a hold rating and seven have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of GBX 113.52 ($1.86).
RSA Insurance Group plc is the holding company engaged in personal and commercial general insurance business.
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