Saturday 9 August 2014

RSA Insurance Group plc Receives “Sector Perform” Rating from RBC Capital (RSA)

Tweet
Share on StockTwits

RSA Insurance Group plc (LON:RSA)'s stock had its "sector perform" rating restated by investment analysts at RBC Capital in a note issued to investors on Thursday. They currently have a GBX 485 ($8.16) price objective on the stock. RBC Capital's price objective suggests a potential upside of 13.26% from the stock's previous close.

Shares of RSA Insurance Group plc (LON:RSA) opened at 428.20 on Thursday. RSA Insurance Group plc has a 52-week low of GBX 347.091 and a 52-week high of GBX 575.23. The stock's 50-day moving average is GBX 216.8 and its 200-day moving average is GBX 289.7. The company's market cap is £3.092 billion.

A number of other analysts have also recently weighed in on RSA. Analysts at Panmure Gordon reiterated a "hold" rating on shares of RSA Insurance Group plc in a research note on Thursday. They now have a GBX 485 ($8.16) price target on the stock. Separately, analysts at Sanford C. Bernstein reiterated an "outperform" rating on shares of RSA Insurance Group plc in a research note on Friday, August 1st. They now have a GBX 550 ($9.25) price target on the stock. Six equities research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and five have assigned a buy rating to the company. The company currently has an average rating of "Hold" and an average price target of GBX 261.71 ($4.40).

RSA Insurance Group plc, formerly Royal & Sun Alliance Insurance Group plc, is the holding company of the RSA group of companies whose principal activity is the transaction of personal and commercial general insurance business.

Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.

0 comments:

Post a Comment