RSA Insurance Group Rating Reiterated by JPMorgan Chase & Co. (RSA)
RSA Insurance Group (LON:RSA)‘s stock had its “neutral” rating reaffirmed by stock analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Friday, American Banking & Market News reports. They currently have a GBX 109 ($1.79) price target on the stock. JPMorgan Chase & Co.’s price objective suggests a potential upside of 10.83% from the company’s current price.
Shares of RSA Insurance Group (LON:RSA) opened at 98.35 on Friday. RSA Insurance Group has a 52-week low of GBX 78.20 and a 52-week high of GBX 137.30. The stock has a 50-day moving average of GBX 61.00 and a 200-day moving average of GBX 90.23. The company’s market cap is £3.590 billion.
Several other analysts have also recently commented on the stock. Analysts at Barclays reiterated an “underweight” rating on shares of RSA Insurance Group in a research note to investors on Friday. They now have a GBX 100 ($1.64) price target on the stock. Separately, 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. Finally, 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). Eight research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and seven have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of GBX 111.54 ($1.83).
RSA Insurance Group plc is the holding company engaged in personal and commercial general insurance business.
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