RSA Insurance Group Given “Outperform” Rating at Sanford C. Bernstein (RSA)
RSA Insurance Group (LON:RSA)‘s stock had its “outperform” rating reaffirmed by research analysts at Sanford C. Bernstein in a report released on Tuesday, Analyst Ratings Network.com reports. They currently have a GBX 130 ($2.14) price objective on the stock. Sanford C. Bernstein’s target price suggests a potential upside of 30.52% from the stock’s previous close.
A number of other analysts have also recently weighed in on RSA. Analysts at Citigroup Inc. cut their price target on shares of RSA Insurance Group from GBX 126 ($2.08) to GBX 100 ($1.65) in a research note to investors on Monday. They now have a “neutral” rating on the stock. Separately, analysts at Credit Suisse cut their price target on shares of RSA Insurance Group from GBX 110 ($1.81) to GBX 100 ($1.65) in a research note to investors on Friday. They now have an “underperform” rating on the stock. Finally, analysts at Raymond James reiterated an “underperform” rating on shares of RSA Insurance Group in a research note to investors on Friday. They now have a GBX 90 ($1.48) 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. The company currently has an average rating of “Hold” and an average price target of GBX 110.92 ($1.83).
Shares of RSA Insurance Group (LON:RSA) traded up 0.91% during mid-day trading on Tuesday, hitting GBX 99.60. The stock had a trading volume of 10,575,380 shares. 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 60.84 and a 200-day moving average of GBX 88.8. The company’s market cap is £3.636 billion.
RSA Insurance Group plc is the holding company engaged in personal and commercial general insurance business.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.