RSA Insurance Group plc (LON:RSA) had its price objective raised by investment analysts at Barclays PLC from GBX 655 ($8.46) to GBX 663 ($8.56) in a note issued to investors on Monday. The firm currently has an “overweight” rating on the insurance provider’s stock. Barclays PLC’s price objective points to a potential upside of 2.95% from the stock’s current price.
Several other equities analysts also recently issued reports on RSA. Goldman Sachs Group, Inc. (The) upped their price objective on shares of RSA Insurance Group plc from GBX 665 ($8.59) to GBX 685 ($8.85) and gave the company a “buy” rating in a report on Monday, May 15th. Deutsche Bank AG restated a “hold” rating and set a GBX 570 ($7.36) price objective on shares of RSA Insurance Group plc in a report on Tuesday, May 30th. HSBC Holdings plc upped their price objective on shares of RSA Insurance Group plc from GBX 695 ($8.98) to GBX 715 ($9.23) and gave the company a “buy” rating in a report on Tuesday, June 13th. Credit Suisse Group upped their price objective on shares of RSA Insurance Group plc from GBX 690 ($8.91) to GBX 710 ($9.17) and gave the company an “outperform” rating in a report on Wednesday, July 12th. Finally, J P Morgan Chase & Co restated a “neutral” rating and set a GBX 630 ($8.14) price objective on shares of RSA Insurance Group plc in a report on Thursday, July 20th. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and seven have issued a buy rating to the stock. RSA Insurance Group plc currently has an average rating of “Hold” and an average target price of GBX 626.15 ($8.09).
Shares of RSA Insurance Group plc (RSA) opened at 642.00 on Monday. The stock’s market capitalization is GBX 6.55 billion. RSA Insurance Group plc has a 12 month low of GBX 498.80 and a 12 month high of GBX 672.50. The company’s 50-day moving average is GBX 652.58 and its 200 day moving average is GBX 620.66.
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In other news, insider Isabel Hudson acquired 1,133 shares of RSA Insurance Group plc stock in a transaction that occurred on Tuesday, August 15th. The stock was purchased at an average cost of GBX 648 ($8.37) per share, with a total value of £7,341.84 ($9,481.91).
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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