RSA Insurance Group plc (RSA) PT Raised to GBX 715 at Goldman Sachs Group, Inc. (The)
RSA Insurance Group plc (LON:RSA) had its price objective increased by stock analysts at Goldman Sachs Group, Inc. (The) from GBX 685 ($8.85) to GBX 715 ($9.23) in a research report issued to clients and investors on Tuesday. The firm presently has a “buy” rating on the insurance provider’s stock. Goldman Sachs Group, Inc. (The)’s price objective suggests a potential upside of 11.11% from the company’s current price.
A number of other research firms have also recently commented on RSA. Credit Suisse Group reiterated an “outperform” rating and set a GBX 720 ($9.30) price objective on shares of RSA Insurance Group plc in a research report on Thursday, August 3rd. Shore Capital reiterated a “sell” rating on shares of RSA Insurance Group plc in a research report on Tuesday, August 8th. Macquarie reiterated an “underperform” rating and set a GBX 489 ($6.32) price objective on shares of RSA Insurance Group plc in a research report on Thursday, August 3rd. HSBC Holdings plc lifted their price objective on RSA Insurance Group plc from GBX 695 ($8.98) to GBX 715 ($9.23) and gave the stock a “buy” rating in a research report on Tuesday, June 13th. Finally, Deutsche Bank AG lifted their price objective on RSA Insurance Group plc from GBX 570 ($7.36) to GBX 620 ($8.01) and gave the stock a “hold” rating in a research report on Friday, July 21st. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and seven have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of GBX 626.15 ($8.09).
RSA Insurance Group plc (RSA) opened at 642.00 on Tuesday. The firm has a 50-day moving average of GBX 652.58 and a 200-day moving average of GBX 620.83. RSA Insurance Group plc has a 52-week low of GBX 506.00 and a 52-week high of GBX 672.50. The firm’s market cap is GBX 6.55 billion.
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In other news, insider Isabel Hudson bought 1,009 shares of the firm’s stock in a transaction dated Monday, August 14th. The stock was acquired at an average price of GBX 650 ($8.39) per share, for a total transaction of £6,558.50 ($8,470.23).
RSA Insurance Group plc Company Profile
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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