RSA Insurance Group (LON:RSA) had its target price decreased by investment analysts at Jefferies Financial Group from GBX 600 ($7.38) to GBX 580 ($7.14) in a report issued on Friday, Stock Target Advisor reports. The brokerage currently has a “buy” rating on the insurance provider’s stock. Jefferies Financial Group’s target price points to a potential upside of 35.17% from the stock’s previous close.
A number of other equities research analysts also recently commented on RSA. Barclays lowered their price target on shares of RSA Insurance Group from GBX 520 ($6.40) to GBX 511 ($6.29) and set an “overweight” rating for the company in a report on Thursday, July 16th. HSBC downgraded shares of RSA Insurance Group to a “hold” rating and lowered their price target for the stock from GBX 551 ($6.78) to GBX 455 ($5.60) in a report on Friday, July 10th. UBS Group reiterated a “buy” rating on shares of RSA Insurance Group in a report on Monday, July 27th. Royal Bank of Canada lowered their price target on shares of RSA Insurance Group from GBX 600 ($7.38) to GBX 550 ($6.77) and set an “outperform” rating for the company in a report on Friday, May 1st. Finally, JPMorgan Chase & Co. lowered their price target on shares of RSA Insurance Group from GBX 610 ($7.51) to GBX 600 ($7.38) and set an “overweight” rating for the company in a report on Thursday, July 9th. One analyst has rated the stock with a sell rating, three have issued a hold rating and eleven have given a buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of GBX 539.25 ($6.64).
Shares of RSA opened at GBX 429.10 ($5.28) on Friday. The company has a current ratio of 0.68, a quick ratio of 0.53 and a debt-to-equity ratio of 27.11. The stock has a market cap of $4.44 billion and a P/E ratio of 13.20. The company has a 50-day moving average of GBX 421.43 and a two-hundred day moving average of GBX 443.27. RSA Insurance Group has a 12-month low of GBX 4.10 ($0.05) and a 12-month high of GBX 736.84 ($9.07).
RSA Insurance Group (LON:RSA) last announced its earnings results on Thursday, July 30th. The insurance provider reported GBX 20.60 ($0.25) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of GBX 22.70 ($0.28) by GBX (2.10) (($0.03)). As a group, analysts forecast that RSA Insurance Group will post 4942.9998904 EPS for the current fiscal year.
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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