RSA Insurance Group (LON:RSA) Given New GBX 600 Price Target at Peel Hunt

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.

The company also recently declared a dividend, which will be paid on Friday, October 11th. Shareholders of record on Thursday, September 5th will be paid a GBX 7.50 ($0.10) dividend. This represents a yield of 1.3%. The ex-dividend date is Thursday, September 5th. RSA Insurance Group’s dividend payout ratio is currently 0.60%.

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.

See Also: What is a Lock-Up Period?

Analyst Recommendations for RSA Insurance Group (LON:RSA)

Receive News & Ratings for RSA Insurance Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RSA Insurance Group and related companies with MarketBeat.com's FREE daily email newsletter.