RSA Insurance Group plc’s “Outperform” Rating Reaffirmed at Sanford C. Bernstein (RSA)
RSA Insurance Group plc (LON:RSA)‘s stock had its “outperform” rating reaffirmed by equities researchers at Sanford C. Bernstein in a research report issued on Tuesday. They currently have a GBX 520 ($8.72) price objective on the stock. Sanford C. Bernstein’s price objective indicates a potential upside of 22.18% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Credit Suisse upgraded shares of RSA Insurance Group plc to a “neutral” rating in a research note on Tuesday. They now have a GBX 450 ($7.55) price target on the stock, up previously from GBX 400 ($6.71). Separately, analysts at Barclays reiterated an “overweight” rating on shares of RSA Insurance Group plc in a research note on Friday. Finally, analysts at Beaufort Securities reiterated a “hold” rating on shares of RSA Insurance Group plc in a research note on Friday. Five research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and five have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of GBX 277.90 ($4.66).
Shares of 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.
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