RSA Insurance Group (LON:RSA) Price Target Lowered to GBX 620 at Goldman Sachs Group
RSA Insurance Group (LON:RSA) had its target price decreased by Goldman Sachs Group from GBX 641 ($8.38) to GBX 620 ($8.10) in a research report sent to investors on Wednesday, ThisIsMoney.Co.Uk reports. Goldman Sachs Group currently has a buy rating on the insurance provider’s stock.
A number of other equities analysts have also weighed in on RSA. Jefferies Financial Group lifted their price target on shares of RSA Insurance Group from GBX 611 ($7.98) to GBX 617 ($8.06) and gave the company a buy rating in a report on Friday, November 8th. Deutsche Bank decreased their price target on shares of RSA Insurance Group from GBX 565 ($7.38) to GBX 560 ($7.32) and set a hold rating on the stock in a report on Monday, November 4th. Peel Hunt reiterated a buy rating and issued a GBX 600 ($7.84) price target on shares of RSA Insurance Group in a report on Thursday, November 7th. Morgan Stanley lifted their price target on shares of RSA Insurance Group from GBX 535 ($6.99) to GBX 580 ($7.58) and gave the company an equal weight rating in a report on Friday, November 8th. Finally, JPMorgan Chase & Co. lifted their price target on shares of RSA Insurance Group from GBX 610 ($7.97) to GBX 630 ($8.23) and gave the company a neutral rating in a report on Wednesday, July 17th. One analyst has rated the stock with a sell rating, four have issued a hold rating and nine have issued a buy rating to the stock. The stock currently has a consensus rating of Buy and a consensus price target of GBX 621.25 ($8.12).
LON RSA traded down GBX 0.40 ($0.01) during mid-day trading on Wednesday, reaching GBX 537.60 ($7.02). 1,520,276 shares of the stock were exchanged, compared to its average volume of 3,310,000. RSA Insurance Group has a 1-year low of GBX 490.40 ($6.41) and a 1-year high of GBX 600.20 ($7.84). The business’s fifty day simple moving average is GBX 525.57 and its 200 day simple moving average is GBX 547.33. The stock has a market capitalization of $5.58 billion and a PE ratio of 21.25. The company has a debt-to-equity ratio of 19.47, a quick ratio of 1.09 and a current ratio of 1.79.
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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