RSA Insurance Group (LON:RSA) Earns “Buy” Rating from Shore Capital

Shore Capital reiterated their buy rating on shares of RSA Insurance Group (LON:RSA) in a research note published on Thursday morning, ThisIsMoney.Co.Uk reports.

A number of other research firms also recently commented on RSA. Royal Bank of Canada cut their target price 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 research report on Friday, May 1st. Peel Hunt reissued a buy rating on shares of RSA Insurance Group in a research report on Tuesday, July 28th. UBS Group reissued a buy rating on shares of RSA Insurance Group in a research report on Monday, July 27th. Jefferies Financial Group cut their price objective on shares of RSA Insurance Group from GBX 617 ($7.59) to GBX 600 ($7.38) and set a buy rating for the company in a research report on Monday, June 8th. Finally, Credit Suisse Group cut their price objective on shares of RSA Insurance Group from GBX 650 ($8.00) to GBX 510 ($6.28) and set an outperform rating for the company in a research report on Thursday, April 9th. One research analyst has rated the stock with a sell rating, three have given a hold rating and eleven have assigned a buy rating to the stock. The company currently has a consensus rating of Buy and an average price target of GBX 539.25 ($6.64).

RSA stock opened at GBX 429.10 ($5.28) on Thursday. The firm has a 50 day moving average price of GBX 421.43 and a 200-day moving average price of GBX 443.27. RSA Insurance Group has a 52-week low of GBX 4.10 ($0.05) and a 52-week high of GBX 736.84 ($9.07). The firm has a market capitalization of $4.44 billion and a price-to-earnings ratio of 13.20. The company has a debt-to-equity ratio of 27.11, a quick ratio of 0.53 and a current ratio of 0.68.

RSA Insurance Group (LON:RSA) last posted its earnings results on Thursday, July 30th. The insurance provider reported GBX 20.60 ($0.25) EPS for the quarter, missing analysts’ consensus estimates of GBX 22.70 ($0.28) by GBX (2.10) (($0.03)). As a group, sell-side analysts forecast that RSA Insurance Group will post 4942.9998904 earnings per share for the current fiscal year.

RSA Insurance Group Company Profile

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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Analyst Recommendations for RSA Insurance Group (LON:RSA)

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