Barclays Reiterates Overweight Rating for RSA Insurance Group plc (RSA)
Shares of RSA Insurance Group plc (LON:RSA) opened at 465.942 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 162.1 and a 200-day moving average of GBX 257.9. The company’s market cap is £4.719 billion.
Several other analysts have also recently commented on the stock. Analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of RSA Insurance Group plc in a research note on Wednesday. They now have a GBX 520 ($8.63) price target on the stock. Separately, 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. Finally, 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. Five 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 presently has an average rating of “Hold” and an average target price of GBX 323.35 ($5.37).
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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