RSA Insurance Group plc (LON:RSA) shares fell 0.4% on Tuesday . The company traded as low as GBX 615.50 ($8.16) and last traded at GBX 619 ($8.21). 1,794,443 shares traded hands during mid-day trading, a decline of 38% from the average session volume of 2,884,510 shares. The stock had previously closed at GBX 621.50 ($8.24).
A number of research firms have weighed in on RSA. HSBC Holdings plc raised their target price on shares of RSA Insurance Group plc from GBX 695 ($9.22) to GBX 715 ($9.48) and gave the stock a “buy” rating in a research note on Tuesday, June 13th. Shore Capital reissued a “sell” rating on shares of RSA Insurance Group plc in a research note on Tuesday, August 8th. Macquarie reissued an “underperform” rating and issued a GBX 489 ($6.49) target price on shares of RSA Insurance Group plc in a research note on Thursday, August 3rd. Deutsche Bank AG reissued a “hold” rating and issued a GBX 620 ($8.22) target price on shares of RSA Insurance Group plc in a research note on Thursday, August 3rd. Finally, J P Morgan Chase & Co reissued a “neutral” rating and issued a GBX 630 ($8.36) target price on shares of RSA Insurance Group plc in a research note on Thursday, July 20th. Three investment analysts have rated the stock with a sell rating, five have issued a hold rating and six have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of GBX 630.08 ($8.36).
The company’s 50 day moving average is GBX 641.71 and its 200-day moving average is GBX 623.99. The stock’s market cap is GBX 6.30 billion.
The company also recently announced a dividend, which will be paid on Friday, October 13th. Investors of record on Thursday, September 7th will be given a dividend of GBX 6.60 ($0.09) per share. The ex-dividend date of this dividend is Thursday, September 7th. This represents a yield of 1.02%.
In other news, insider Isabel Hudson bought 1,009 shares of the firm’s stock in a transaction that occurred on Monday, August 14th. The shares were purchased at an average price of GBX 650 ($8.62) per share, for a total transaction of £6,558.50 ($8,699.43).
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RSA Insurance Group plc Company Profile
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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