RSA Insurance Group (LON:RSA) had its target price lowered by equities research analysts at UBS Group from GBX 600 ($7.84) to GBX 590 ($7.71) in a research report issued on Tuesday, www.digitallook.com reports. The firm currently has a “neutral” rating on the insurance provider’s stock. UBS Group’s target price would suggest a potential upside of 6.34% from the stock’s current price.
Several other equities research analysts have also commented on RSA. JPMorgan Chase & Co. boosted their price objective on shares of RSA Insurance Group from GBX 725 ($9.47) to GBX 735 ($9.60) and gave the stock an “overweight” rating in a research note on Friday, July 13th. Barclays dropped their price objective on shares of RSA Insurance Group from GBX 684 ($8.94) to GBX 682 ($8.91) and set an “overweight” rating on the stock in a research note on Wednesday, July 18th. Shore Capital reissued an “under review” rating on shares of RSA Insurance Group in a research note on Friday, September 28th. Berenberg Bank raised shares of RSA Insurance Group to a “buy” rating and dropped their price objective for the stock from GBX 670 ($8.75) to GBX 657 ($8.58) in a research note on Monday, October 1st. Finally, Deutsche Bank dropped their price objective on shares of RSA Insurance Group from GBX 650 ($8.49) to GBX 610 ($7.97) and set a “hold” rating on the stock in a research note on Tuesday, October 2nd. One research analyst has rated the stock with a sell rating, five have given a hold rating and nine have issued a buy rating to the stock. RSA Insurance Group presently has an average rating of “Buy” and a consensus target price of GBX 667.75 ($8.73).
LON:RSA opened at GBX 554.80 ($7.25) on Tuesday. RSA Insurance Group has a one year low of GBX 568.50 ($7.43) and a one year high of GBX 672.50 ($8.79).
RSA Insurance Group (LON:RSA) last posted its quarterly earnings data on Thursday, August 2nd. The insurance provider reported GBX 21 ($0.27) EPS for the quarter, missing the consensus estimate of GBX 21.10 ($0.28) by GBX (0.10) ($0.00). RSA Insurance Group had a return on equity of 4.09% and a net margin of 3.21%.
RSA Insurance Group Company Profile
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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