RSA Insurance Group plc (RSA) Receives Consensus Recommendation of “Hold” from Analysts
Shares of RSA Insurance Group plc (LON:RSA) have been assigned an average rating of “Hold” from the fourteen analysts that are covering the company, Marketbeat reports. Three analysts have rated the stock with a sell rating, five have assigned a hold rating and six have issued a buy rating on the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is GBX 621.91 ($8.26).
A number of research firms have weighed in on RSA. Shore Capital reissued a “sell” rating on shares of RSA Insurance Group plc in a research report on Wednesday, August 2nd. Credit Suisse Group reissued an “outperform” rating and set a GBX 720 ($9.57) target price on shares of RSA Insurance Group plc in a research report on Thursday, August 3rd. Macquarie reissued an “underperform” rating and set a GBX 489 ($6.50) target price on shares of RSA Insurance Group plc in a research report on Thursday, August 3rd. Deutsche Bank AG reissued a “hold” rating and set a GBX 620 ($8.24) target price on shares of RSA Insurance Group plc in a research report on Thursday, August 3rd. Finally, HSBC Holdings plc boosted their target price on shares of RSA Insurance Group plc from GBX 715 ($9.50) to GBX 745 ($9.90) and gave the stock a “buy” rating in a research report on Monday, August 21st.
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Shares of RSA Insurance Group plc (LON:RSA) traded up 1.21% during mid-day trading on Thursday, reaching GBX 626.00. The company had a trading volume of 4,508,465 shares. The company’s 50-day moving average is GBX 630.26 and its 200 day moving average is GBX 625.86. The stock’s market capitalization is GBX 6.39 billion. RSA Insurance Group plc has a 52-week low of GBX 511.00 and a 52-week high of GBX 672.50.
The business also recently disclosed a dividend, which was paid on Friday, October 13th. Stockholders of record on Thursday, September 7th were issued a dividend of GBX 6.60 ($0.09) per share. The ex-dividend date was Thursday, September 7th. This represents a dividend yield of 1.02%.
In related news, insider Isabel Hudson acquired 1,133 shares of the company’s stock in a transaction dated Tuesday, August 15th. The shares were bought at an average price of GBX 648 ($8.61) per share, for a total transaction of £7,341.84 ($9,755.30).
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. 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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