RSA Insurance Group plc Upgraded to “Neutral” at Credit Suisse (RSA)
RSA Insurance Group plc (LON:RSA) was upgraded by research analysts at Credit Suisse to a “neutral” rating in a report released on Tuesday. The firm currently has a GBX 450 ($7.55) target price on the stock, up from their previous target price of GBX 400 ($6.71). Credit Suisse’s target price indicates a potential upside of 5.73% from the company’s current price.
RSA has been the subject of a number of other recent research reports. Analysts at Barclays reiterated an “overweight” rating on shares of RSA Insurance Group plc in a research note on Friday. Separately, analysts at Beaufort Securities reiterated a “hold” rating on shares of RSA Insurance Group plc in a research note on Friday. Finally, analysts at Berenberg Bank reiterated a “hold” rating on shares of RSA Insurance Group plc in a research note on Thursday, August 7th. They now have a GBX 491 ($8.24) price target on the stock. Five equities research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and five have given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of GBX 277.90 ($4.66).
RSA Insurance Group plc (LON:RSA) traded up 0.92% during mid-day trading on Tuesday, hitting GBX 429.50. 2,635,120 shares of the company’s stock traded hands. 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 203.5 and a 200-day moving average of GBX 283.3. The company’s market cap is £4.350 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.
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.