Panmure Gordon Reiterates Hold Rating for RSA Insurance Group plc (RSA)
RSA Insurance Group plc (LON:RSA)‘s stock had its “hold” rating restated by Panmure Gordon in a research note issued on Monday. They currently have a GBX 485 ($8.24) price objective on the stock. Panmure Gordon’s target price would indicate a potential upside of 5.71% from the company’s current price.
A number of other analysts have also recently weighed in on RSA. Analysts at BNP Paribas reiterated an “underperform” rating on shares of RSA Insurance Group plc in a research note on Friday. They now have a GBX 402 ($6.83) price target on the stock. Separately, analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of RSA Insurance Group plc in a research note on Wednesday, July 23rd. They now have a GBX 550 ($9.34) price target on the stock. Finally, analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of RSA Insurance Group plc in a research note on Monday, July 14th. They now have a GBX 550 ($9.34) price target on the stock. Six research analysts have rated the stock with a sell rating, thirteen have given a hold rating and six have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of GBX 261.71 ($4.44).
Shares of RSA Insurance Group plc (LON:RSA) traded up 0.09% during mid-day trading on Monday, hitting GBX 458.80. 1,481,674 shares of the company’s stock traded hands. RSA Insurance Group plc has a 1-year low of GBX 347.091 and a 1-year high of GBX 575.23. The stock has a 50-day moving average of GBX 180.5 and a 200-day moving average of GBX 48.96. The company’s market cap is £3.313 billion.
RSA Insurance Group plc, formerly Royal & Sun Alliance 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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