RSA Insurance Group plc (RSA) Given Average Rating of “Hold” by Brokerages
RSA Insurance Group plc (LON:RSA) has received an average rating of “Hold” from the seventeen analysts that are presently covering the company. Two analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and nine have assigned a buy recommendation to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is GBX 497 ($6.06).
Several brokerages recently weighed in on RSA. Deutsche Bank AG cut their price target on shares of RSA Insurance Group plc from GBX 515 ($6.28) to GBX 480 ($5.85) and set a “hold” rating on the stock in a report on Wednesday, June 29th. Panmure Gordon raised their price objective on shares of RSA Insurance Group plc from GBX 428 ($5.22) to GBX 470 ($5.73) and gave the stock a “hold” rating in a research note on Monday, August 1st. Canaccord Genuity dropped their price objective on shares of RSA Insurance Group plc from GBX 495 ($6.03) to GBX 475 ($5.79) and set a “hold” rating on the stock in a research note on Monday, June 27th. JPMorgan Chase & Co. raised their price objective on shares of RSA Insurance Group plc from GBX 550 ($6.70) to GBX 585 ($7.13) and gave the stock an “overweight” rating in a research note on Friday, August 12th. Finally, Beaufort Securities reaffirmed a “buy” rating on shares of RSA Insurance Group plc in a research note on Friday, August 5th.
Shares of RSA Insurance Group plc (LON:RSA) traded up 0.71% during midday trading on Wednesday, reaching GBX 566.50. 1,808,761 shares of the company’s stock traded hands. The company has a 50-day moving average of GBX 533.78 and a 200-day moving average of GBX 495.89. The company’s market capitalization is GBX 5.77 billion. RSA Insurance Group plc has a one year low of GBX 371.00 and a one year high of GBX 566.50.
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The business also recently announced a dividend, which was paid on Friday, October 14th. Shareholders of record on Thursday, September 8th were paid a GBX 5 ($0.06) dividend. This represents a dividend yield of 0.99%. The ex-dividend date of this dividend was Thursday, September 8th.
About RSA Insurance Group plc
RSA Insurance Group plc is an international general insurer. The Company provides personal, commercial and specialty insurance products and services direct-to-customers, through brokers and affinity partners, principally in the United Kingdom and Ireland, Scandinavia and Canada. It operates through segments, including Scandinavia, Canada, UK & Ireland, Central Functions and non-core.
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