RSA Insurance Group plc (RSA) Given New GBX 745 Price Target at HSBC Holdings plc
RSA Insurance Group plc (LON:RSA) had its price objective increased by HSBC Holdings plc from GBX 715 ($9.28) to GBX 745 ($9.67) in a report published on Monday morning. They currently have a buy rating on the insurance provider’s stock.
Other equities analysts have also issued reports about the company. Panmure Gordon reissued a hold rating and set a GBX 600 ($7.79) price target on shares of RSA Insurance Group plc in a research note on Thursday, May 4th. Macquarie upped their price objective on RSA Insurance Group plc from GBX 440 ($5.71) to GBX 478 ($6.21) and gave the company an underperform rating in a research report on Friday, May 5th. Shore Capital restated a sell rating on shares of RSA Insurance Group plc in a research report on Tuesday, August 8th. J P Morgan Chase & Co restated a neutral rating and set a GBX 630 ($8.18) price objective on shares of RSA Insurance Group plc in a research report on Thursday, July 20th. Finally, Deutsche Bank AG restated a hold rating and set a GBX 620 ($8.05) price objective on shares of RSA Insurance Group plc in a research report on Thursday, August 3rd. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and seven have given a buy rating to the stock. The stock has an average rating of Hold and an average target price of GBX 621.69 ($8.07).
RSA Insurance Group plc (LON RSA) opened at 663.00 on Monday. RSA Insurance Group plc has a 52 week low of GBX 494.80 and a 52 week high of GBX 664.00. The stock’s market capitalization is GBX 6.76 billion. The firm has a 50-day moving average price of GBX 644.64 and a 200-day moving average price of GBX 612.91.
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The firm also recently declared a dividend, which will be paid on Friday, October 13th. Stockholders of record on Thursday, September 7th will be issued a GBX 6.60 ($0.09) dividend. The ex-dividend date is Thursday, September 7th. This represents a dividend yield of 1.02%.
In other RSA Insurance Group plc news, insider Isabel Hudson purchased 1,133 shares of RSA Insurance Group plc stock in a transaction dated Tuesday, August 15th. The shares were purchased at an average cost of GBX 648 ($8.41) per share, for a total transaction of £7,341.84 ($9,531.14).
About RSA Insurance Group plc
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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