RSA Insurance Group Given “Underweight” Rating at Barclays (RSA)
RSA Insurance Group (LON:RSA)‘s stock had its “underweight” rating reaffirmed by research analysts at Barclays in a report released on Friday, American Banking News.com reports. They currently have a GBX 100 ($1.64) price target on the stock. Barclays’ price objective indicates a potential upside of 1.68% from the stock’s previous close.
RSA has been the subject of a number of other recent research reports. Analysts at Panmure Gordon reiterated a “sell” rating on shares of RSA Insurance Group in a research note to investors on Thursday. They now have a GBX 90 ($1.48) price target on the stock. Separately, 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). Finally, 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. Eight investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and seven have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of GBX 111.54 ($1.83).
Shares of RSA Insurance Group (LON:RSA) opened at 98.35 on Friday. RSA Insurance Group has a 1-year low of GBX 78.20 and a 1-year high of GBX 137.30. The stock’s 50-day moving average is GBX 61.00 and its 200-day moving average is GBX 90.23. The company’s market cap is £3.590 billion.
RSA Insurance Group plc is the holding company engaged in personal and commercial general insurance business.
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