RSA Insurance Group plc Given “Hold” Rating at Berenberg Bank (RSA)
RSA Insurance Group plc (LON:RSA)‘s stock had its “hold” rating reaffirmed by equities research analysts at Berenberg Bank in a research note issued to investors on Thursday. They currently have a GBX 491 ($8.26) price objective on the stock. Berenberg Bank’s price target points to a potential upside of 10.61% from the stock’s previous close.
Shares of RSA Insurance Group plc (LON:RSA) opened at 443.80 on Thursday. RSA Insurance Group plc has a 52 week low of GBX 347.091 and a 52 week high of GBX 575.23. The stock has a 50-day moving average of GBX 230.3 and a 200-day moving average of GBX 293.8. The company’s market cap is £3.205 billion.
A number of other analysts have also recently weighed in on RSA. Analysts at RBC Capital reiterated a “sector perform” rating on shares of RSA Insurance Group plc in a research note on Thursday. They now have a GBX 485 ($8.16) price target on the stock. Separately, analysts at Panmure Gordon reiterated a “hold” rating on shares of RSA Insurance Group plc in a research note on Thursday. They now have a GBX 485 ($8.16) 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 Friday, August 1st. They now have a GBX 550 ($9.25) price target on the stock. Six analysts have rated the stock with a sell rating, thirteen have issued a hold rating and five have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of GBX 261.71 ($4.40).
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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