RSA Insurance Group plc’s Neutral Rating Reaffirmed at Goldman Sachs (RSA)
RSA Insurance Group plc (LON:RSA)‘s stock had its “neutral” rating reiterated by investment analysts at Goldman Sachs in a note issued to investors on Friday, StockRatingsNetwork.com reports. They currently have a GBX 95 ($1.59) price target on the stock. Goldman Sachs’ price target suggests a potential downside of 6.13% from the company’s current price.
Shares of RSA Insurance Group plc (LON:RSA) opened at 101.20 on Friday. RSA Insurance Group plc has a 52 week low of GBX 78.20 and a 52 week high of GBX 131.024. The stock has a 50-day moving average of GBX 54.52 and a 200-day moving average of GBX 79.15. The company’s market cap is £3.694 billion.
Several other analysts have also recently commented on the stock. Analysts at Bank of America reiterated a “buy” rating on shares of RSA Insurance Group plc in a research note on Wednesday. They now have a GBX 105 ($1.76) price target on the stock. Separately, analysts at Canaccord Genuity upgraded shares of RSA Insurance Group plc to a “hold” rating in a research note on Monday, February 17th. They now have a GBX 95 ($1.59) price target on the stock, up previously from GBX 85 ($1.42). Finally, analysts at Nomura reiterated a “neutral” rating on shares of RSA Insurance Group plc in a research note on Wednesday, February 12th. They now have a GBX 96 ($1.61) price target on the stock. Seven research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and eight have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of GBX 108.04 ($1.81).
RSA Insurance Group plc is the holding company of the RSA group of companies whose principal activity is the transaction of personal and commercial general insurance business.
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