RSA Insurance Group plc (LON:RSA) had its price objective boosted by Goldman Sachs Group, Inc. (The) from GBX 685 ($8.85) to GBX 715 ($9.23) in a report published on Tuesday. The firm currently has a buy rating on the insurance provider’s stock.
A number of other analysts have also recently weighed in on RSA. Shore Capital reaffirmed a sell rating on shares of RSA Insurance Group plc in a research note on Tuesday, August 8th. Credit Suisse Group reaffirmed an outperform rating and set a GBX 720 ($9.30) target price on shares of RSA Insurance Group plc in a research note on Thursday, August 3rd. Barclays PLC boosted their target price on shares of RSA Insurance Group plc from GBX 655 ($8.46) to GBX 663 ($8.56) and gave the stock an overweight rating in a research note on Monday. Macquarie reaffirmed an underperform rating and set a GBX 489 ($6.32) target price on shares of RSA Insurance Group plc in a research note on Thursday, August 3rd. Finally, Deutsche Bank AG reaffirmed a hold rating and set a GBX 620 ($8.01) target price on shares of RSA Insurance Group plc in a research note on Thursday, August 3rd. Three investment analysts have rated the stock with a sell rating, five have issued a hold rating and seven have issued a buy rating to the company’s 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 (LON:RSA) opened at 624.00 on Tuesday. The company’s market capitalization is GBX 6.37 billion. The company’s 50-day moving average price is GBX 652.04 and its 200-day moving average price is GBX 620.91. RSA Insurance Group plc has a 52-week low of GBX 506.00 and a 52-week high of GBX 672.50.
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The business also recently disclosed a dividend, which will be paid on Friday, October 13th. Stockholders of record on Thursday, September 7th will be issued a dividend of GBX 6.60 ($0.09) per share. The ex-dividend date is 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 purchased at an average price of GBX 648 ($8.37) per share, for a total transaction 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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