RSA Insurance Group plc Downgraded to Underweight at HSBC (RSNAY)
RSA Insurance Group plc (NASDAQ:RSNAY) was downgraded by equities researchers at HSBC from a “neutral” rating to an “underweight” rating in a research report issued on Tuesday, TheFlyOnTheWall.com reports.
Several other analysts have also recently commented on the stock. Analysts at UBS AG upgraded shares of RSA Insurance Group plc from a “neutral” rating to a “buy” rating in a research note to investors on Monday, December 16th. Separately, analysts at Berenberg Bank downgraded shares of RSA Insurance Group plc from a “buy” rating to a “hold” rating in a research note to investors on Friday, November 15th. Finally, analysts at RBC Capital downgraded shares of RSA Insurance Group plc from a “sector perform” rating to an “underperform” rating in a research note to investors on Monday, November 11th. Two analysts have rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company’s stock. The stock presently has an average rating of “Hold”.
RSA Insurance Group plc (NASDAQ:RSNAY) traded down 1.51% during mid-day trading on Tuesday, hitting $8.46. The stock had a trading volume of 62,150 shares. RSA Insurance Group plc has a 1-year low of $7.00 and a 1-year high of $11.00. The stock’s 50-day moving average is $7.90 and its 200-day moving average is $9.13. The company has a market cap of $6.176 billion and a price-to-earnings ratio of 10.48.
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