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).
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.
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