RSA Insurance Group (RSA) Given New GBX 700 Price Target at Credit Suisse Group
RSA Insurance Group (LON:RSA) had its target price dropped by research analysts at Credit Suisse Group from GBX 720 ($9.69) to GBX 700 ($9.42) in a research report issued on Wednesday. The brokerage presently has an “outperform” rating on the insurance provider’s stock. Credit Suisse Group’s target price points to a potential upside of 16.92% from the company’s current price.
Other research analysts also recently issued research reports about the company. Shore Capital Group reissued a “sell” rating on shares of RSA Insurance Group in a research note on Thursday, November 2nd. Shore Capital reissued a “sell” rating on shares of RSA Insurance Group in a research note on Tuesday, August 8th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of RSA Insurance Group in a research note on Friday, November 24th. HSBC dropped their price objective on RSA Insurance Group from GBX 745 ($10.03) to GBX 736 ($9.91) and set a “buy” rating on the stock in a research note on Thursday, November 23rd. Finally, J P Morgan Chase & Co reaffirmed an “overweight” rating and set a GBX 725 ($9.76) price objective on shares of RSA Insurance Group in a research note on Monday, November 6th. Four research analysts have rated the stock with a sell rating, three have given a hold rating and nine have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of GBX 649.75 ($8.74).
RSA Insurance Group (LON RSA) opened at GBX 598.72 ($8.06) on Wednesday. RSA Insurance Group has a 12-month low of GBX 543 ($7.31) and a 12-month high of GBX 672.50 ($9.05).
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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