RSA Insurance Group (RSA) Stock Rating Reaffirmed by Goldman Sachs

Goldman Sachs reissued their buy rating on shares of RSA Insurance Group (LON:RSA) in a research report report published on Friday. The brokerage currently has a GBX 715 ($10.11) price objective on the insurance provider’s stock.

A number of other equities analysts have also weighed in on RSA. Credit Suisse Group upped their price target on shares of RSA Insurance Group from GBX 710 ($10.04) to GBX 730 ($10.32) and gave the stock an outperform rating in a research report on Tuesday, March 20th. BNP Paribas reiterated an outperform rating and issued a GBX 740 ($10.46) price target on shares of RSA Insurance Group in a research report on Wednesday, March 28th. Morgan Stanley reiterated an overweight rating on shares of RSA Insurance Group in a research report on Wednesday, March 28th. Barclays dropped their price target on shares of RSA Insurance Group from GBX 678 ($9.58) to GBX 669 ($9.46) and set an overweight rating for the company in a research report on Thursday, February 1st. Finally, JPMorgan Chase reiterated an overweight rating on shares of RSA Insurance Group in a research report on Friday, January 5th. Three analysts have rated the stock with a sell rating, three have assigned a hold rating and eleven have given a buy rating to the company’s stock. The company has a consensus rating of Hold and an average price target of GBX 674.08 ($9.53).

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Shares of RSA stock opened at GBX 651.40 ($9.21) on Friday. RSA Insurance Group has a 12 month low of GBX 568.50 ($8.04) and a 12 month high of GBX 672.50 ($9.51).

RSA Insurance Group (LON:RSA) last announced its earnings results on Thursday, February 22nd. The insurance provider reported GBX 43.50 ($0.61) EPS for the quarter, beating the Zacks’ consensus estimate of GBX 37.90 ($0.54) by GBX 5.60 ($0.08). The business had revenue of GBX 759.90 billion during the quarter. RSA Insurance Group had a net margin of 3.21% and a return on equity of 4.09%.

The business also recently announced a dividend, which will be paid on Friday, May 18th. Investors of record on Thursday, March 1st will be given a dividend of GBX 13 ($0.18) per share. This is a positive change from RSA Insurance Group’s previous dividend of $6.60. The ex-dividend date is Thursday, March 1st. This represents a dividend yield of 2.03%.

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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.

Analyst Recommendations for RSA Insurance Group (LON:RSA)

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