RSA Insurance Group plc (LON:RSA) Given Average Recommendation of “Hold” by Analysts
RSA Insurance Group plc (LON:RSA) has received an average rating of “Hold” from the fourteen brokerages that are currently covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and seven have issued a buy rating on the company. The average 12-month price objective among brokerages that have covered the stock in the last year is GBX 620.17 ($8.03).
RSA has been the subject of several research reports. Panmure Gordon reaffirmed a “hold” rating and set a GBX 600 ($7.77) price target on shares of RSA Insurance Group plc in a research note on Thursday, May 4th. Macquarie lifted their price target on RSA Insurance Group plc from GBX 440 ($5.70) to GBX 478 ($6.19) and gave the stock an “underperform” rating in a research note on Friday, May 5th. HSBC Holdings plc lifted their price target on RSA Insurance Group plc from GBX 695 ($9.00) to GBX 715 ($9.26) and gave the stock a “buy” rating in a research note on Tuesday, June 13th. Barclays PLC lifted their price target on RSA Insurance Group plc from GBX 633 ($8.20) to GBX 635 ($8.23) and gave the stock an “overweight” rating in a research note on Tuesday, April 18th. Finally, Goldman Sachs Group, Inc. (The) lifted their price target on RSA Insurance Group plc from GBX 665 ($8.61) to GBX 685 ($8.87) and gave the stock a “buy” rating in a research note on Monday, May 8th.
Shares of RSA Insurance Group plc (RSA) remained flat at GBX 643.00 during midday trading on Tuesday. 2,503,331 shares of the stock traded hands. The stock has a 50-day moving average price of GBX 619.14 and a 200-day moving average price of GBX 594.29. The company’s market capitalization is GBX 6.47 billion. RSA Insurance Group plc has a one year low of GBX 475.00 and a one year high of GBX 646.50.
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RSA Insurance Group plc Company Profile
RSA Insurance Group plc is an international general insurer. The Company provides personal, commercial and specialty insurance products and services direct-to-customers. Its segments include Scandinavia, Canada, UK & Ireland, Central Functions and non-core. Its segments are based on geography and all are engaged in providing personal and commercial general insurance services.
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