Investec downgraded shares of RSA Insurance Group (OTCMKTS:RSNAY) from a buy rating to a hold rating in a research note released on Thursday, The Fly reports.
A number of other equities research analysts have also issued reports on the stock. Jefferies Financial Group lowered shares of RSA Insurance Group from a buy rating to a hold rating in a report on Monday, November 9th. JPMorgan Chase & Co. reaffirmed an overweight rating on shares of RSA Insurance Group in a report on Thursday, August 6th. Morgan Stanley raised shares of RSA Insurance Group from an equal weight rating to an overweight rating in a report on Tuesday, November 3rd. Panmure Gordon lowered shares of RSA Insurance Group from a buy rating to a hold rating in a report on Friday, November 6th. Finally, HSBC raised shares of RSA Insurance Group from a hold rating to a buy rating in a report on Wednesday, September 16th. Four research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. RSA Insurance Group currently has a consensus rating of Buy.
Shares of OTCMKTS RSNAY opened at $8.92 on Thursday. RSA Insurance Group has a one year low of $3.55 and a one year high of $9.05. The firm has a fifty day moving average of $6.56 and a 200 day moving average of $5.69.
RSA Insurance Group plc, together with its subsidiaries, provides personal and commercial general insurance services. 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.
Further Reading: Cost of Equity For A Business, Investors
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