Deutsche Bank Reiterates “Hold” Rating for RSA Insurance Group (RSA)
RSA Insurance Group (LON:RSA)‘s stock had its “hold” rating reaffirmed by equities research analysts at Deutsche Bank in a research note issued to investors on Thursday. They currently have a GBX 640 ($8.84) price target on the insurance provider’s stock. Deutsche Bank’s target price indicates a potential upside of 6.10% from the company’s current price.
A number of other research firms also recently issued reports on RSA. Credit Suisse Group reduced their price target on shares of RSA Insurance Group from GBX 720 ($9.95) to GBX 700 ($9.67) and set an “outperform” rating for the company in a research report on Wednesday, December 6th. Goldman Sachs Group reiterated a “buy” rating on shares of RSA Insurance Group in a research report on Monday, February 5th. JPMorgan Chase & Co. reiterated an “overweight” rating and set a GBX 725 ($10.02) price target on shares of RSA Insurance Group in a research report on Monday, November 6th. Shore Capital Group reiterated a “sell” rating on shares of RSA Insurance Group in a research report on Thursday, November 2nd. Finally, Royal Bank of Canada reiterated an “outperform” rating on shares of RSA Insurance Group in a research report on Friday, November 24th. Three investment analysts have rated the stock with a sell rating, three have given a hold rating and nine have assigned a buy rating to the company’s stock. RSA Insurance Group currently has a consensus rating of “Hold” and a consensus price target of GBX 664 ($9.17).
Shares of RSA Insurance Group (LON RSA) opened at GBX 603.20 ($8.33) on Thursday. RSA Insurance Group has a 12-month low of GBX 568.50 ($7.85) and a 12-month high of GBX 672.50 ($9.29). The stock has a market cap of $6,180.00 and a P/E ratio of 5,483.64.
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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