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 reissued by equities researchers at Sanford C. Bernstein in a research report issued on Wednesday. They currently have a GBX 520 ($8.63) target price on the stock. Sanford C. Bernstein’s price objective indicates a potential upside of 12.19% from the stock’s previous close.
RSA Insurance Group plc (LON:RSA) opened at 470.50 on Wednesday. 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 162.1 and a 200-day moving average of GBX 261.2. The company’s market cap is £4.765 billion.
A number of other analysts have also recently weighed in on RSA. Analysts at Berenberg Bank reiterated a “hold” rating on shares of RSA Insurance Group plc in a research note on Wednesday. They now have a GBX 477 ($7.92) price target on the stock. Separately, analysts at Nomura raised their price target on shares of RSA Insurance Group plc from GBX 445 ($7.38) to GBX 492 ($8.16) in a research note on Friday, August 29th. They now have a “neutral” rating on the stock. Finally, analysts at Bank of America upgraded shares of RSA Insurance Group plc to a “buy” rating in a research note on Tuesday, August 26th. Five investment analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and five have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of GBX 334.05 ($5.54).
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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