RSA Insurance Group (LON:RSA) had its target price trimmed by Peel Hunt from GBX 620 ($8.10) to GBX 600 ($7.84) in a research report report published on Friday morning, ThisIsMoney.Co.Uk reports. The brokerage currently has a buy rating on the insurance provider’s stock.
RSA has been the subject of several other research reports. UBS Group reaffirmed a buy rating and issued a GBX 630 ($8.23) target price (up previously from GBX 600 ($7.84)) on shares of RSA Insurance Group in a research note on Monday, July 29th. Barclays upped their target price on shares of RSA Insurance Group from GBX 586 ($7.66) to GBX 600 ($7.84) and gave the company an overweight rating in a research note on Monday, June 24th. Shore Capital reaffirmed a hold rating on shares of RSA Insurance Group in a research note on Thursday, August 1st. JPMorgan Chase & Co. upped their target price on shares of RSA Insurance Group from GBX 610 ($7.97) to GBX 630 ($8.23) and gave the company a neutral rating in a research note on Wednesday, July 17th. Finally, Deutsche Bank reaffirmed a hold rating on shares of RSA Insurance Group in a research note on Friday, July 12th. Three equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. The company has a consensus rating of Buy and a consensus target price of GBX 637.27 ($8.33).
LON:RSA traded down GBX 0.80 ($0.01) during trading hours on Friday, hitting GBX 533.60 ($6.97). The stock had a trading volume of 2,812,052 shares, compared to its average volume of 3,310,000. RSA Insurance Group has a one year low of GBX 490.40 ($6.41) and a one year high of GBX 646 ($8.44). The company has a debt-to-equity ratio of 13.60, a quick ratio of 5.65 and a current ratio of 9.29. The stock has a market cap of $5.50 billion and a P/E ratio of 21.34. The firm has a 50 day moving average price of GBX 573.14.
About RSA Insurance Group
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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