RSA Insurance Group plc (LON:RSA) Receives Consensus Rating of “Buy” from Brokerages

RSA Insurance Group plc (LON:RSA) has been assigned an average recommendation of “Buy” from the fifteen brokerages that are covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and eleven have assigned a buy recommendation to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is GBX 563.75 ($7.18).

A number of analysts recently commented on the company. Royal Bank of Canada dropped their price target on RSA Insurance Group from GBX 600 ($7.64) to GBX 550 ($7.00) and set an “outperform” rating on the stock in a report on Friday, May 1st. Goldman Sachs Group reiterated a “buy” rating on shares of RSA Insurance Group in a report on Monday, April 27th. Morgan Stanley lowered their target price on RSA Insurance Group from GBX 540 ($6.87) to GBX 510 ($6.49) and set an “equal weight” rating on the stock in a research note on Wednesday, May 13th. JPMorgan Chase & Co. lowered their target price on RSA Insurance Group from GBX 630 ($8.02) to GBX 610 ($7.76) and set an “overweight” rating on the stock in a research note on Wednesday, March 25th. Finally, Jefferies Financial Group lowered their target price on RSA Insurance Group from GBX 617 ($7.85) to GBX 600 ($7.64) and set a “buy” rating on the stock in a research note on Monday, June 8th.

LON RSA traded down GBX 2 ($0.03) during trading hours on Friday, hitting GBX 413.90 ($5.27). 2,019,883 shares of the company’s stock were exchanged, compared to its average volume of 3,310,000. The stock has a 50-day simple moving average of GBX 399.67 and a 200 day simple moving average of GBX 467.13. RSA Insurance Group has a 1-year low of GBX 321.20 ($4.09) and a 1-year high of GBX 736.84 ($9.38). The firm has a market cap of $4.37 billion and a price-to-earnings ratio of 12.74. The company has a current ratio of 0.68, a quick ratio of 0.53 and a debt-to-equity ratio of 27.11.

RSA Insurance Group Company Profile

RSA Insurance Group plc, together with its subsidiaries, provides personal and commercial general insurance products. It operates through Scandinavia, Canada, and UK & International segments. The company offers a range of personal insurance products, including home, car, pet, and travel insurance products directly to its customers, as well as through brokers and agents.

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Analyst Recommendations for RSA Insurance Group (LON:RSA)

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