Nomura Raises RSA Insurance Group plc Price Target to GBX 492 (RSA)
Analysts at Nomura raised their price objective on shares of RSA Insurance Group plc (LON:RSA) from GBX 445 ($7.36) to GBX 492 ($8.14) in a research report issued to clients and investors on Friday. The firm currently has a “neutral” rating on the stock. Nomura’s price target would suggest a potential upside of 9.43% from the company’s current price.
A number of other firms have also recently commented on RSA. Analysts at Bank of America upgraded shares of RSA Insurance Group plc to a “buy” rating in a research note on Tuesday. Separately, analysts at Beaufort Securities reiterated a “hold” rating on shares of RSA Insurance Group plc in a research note on Tuesday. Finally, analysts at BNP Paribas reiterated an “underperform” rating on shares of RSA Insurance Group plc in a research note on Friday, August 22nd. They now have a GBX 405 ($6.70) price target on the stock. Five research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and five have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of GBX 334.71 ($5.54).
Shares of RSA Insurance Group plc (LON:RSA) opened at 456.50 on Friday. RSA Insurance Group plc has a one year low of GBX 347.091 and a one year high of GBX 575.23. The stock’s 50-day moving average is GBX 174.6 and its 200-day moving average is GBX 269.7. The company’s market cap is £4.624 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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