Shares of RSA Insurance Group (LON:RSA) have been assigned an average recommendation of “Hold” from the fifteen ratings firms that are covering the stock, Marketbeat Ratings reports. Three investment analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and nine have assigned a buy recommendation to the company. The average 12-month price objective among analysts that have covered the stock in the last year is GBX 669.30 ($9.08).
A number of research firms have issued reports on RSA. Goldman Sachs reissued a “buy” rating and issued a GBX 715 ($9.70) target price on shares of RSA Insurance Group in a research note on Friday, April 6th. Citigroup boosted their target price on RSA Insurance Group from GBX 615 ($8.34) to GBX 620 ($8.41) and gave the company a “neutral” rating in a research note on Wednesday, April 25th. Morgan Stanley reissued an “overweight” rating on shares of RSA Insurance Group in a research note on Wednesday, March 28th. BNP Paribas reissued an “outperform” rating and issued a GBX 740 ($10.04) target price on shares of RSA Insurance Group in a research note on Wednesday, March 28th. Finally, JPMorgan Chase reissued an “overweight” rating on shares of RSA Insurance Group in a research note on Friday.
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RSA Insurance Group traded down GBX 4.80 ($0.07), reaching GBX 648.80 ($8.80), on Monday, Marketbeat Ratings reports. The company’s stock had a trading volume of 2,346,165 shares, compared to its average volume of 3,310,000. RSA Insurance Group has a 1-year low of GBX 568.50 ($7.71) and a 1-year high of GBX 672.50 ($9.12).
RSA Insurance Group (LON:RSA) last posted its earnings results on Thursday, February 22nd. The insurance provider reported GBX 43.50 ($0.59) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of GBX 37.90 ($0.51) by GBX 5.60 ($0.08). RSA Insurance Group had a return on equity of 4.09% and a net margin of 3.21%. The firm had revenue of GBX 759.90 billion during the quarter.
The company also recently disclosed a dividend, which will be paid on Friday, May 18th. Stockholders of record on Thursday, March 1st will be given a dividend of GBX 13 ($0.18) per share. This is a boost from RSA Insurance Group’s previous dividend of $6.60. This represents a dividend yield of 2.03%. The ex-dividend date of this dividend is Thursday, March 1st.
In other news, insider Charlotte Heiss sold 9,850 shares of the company’s stock in a transaction dated Monday, April 9th. The stock was sold at an average price of GBX 649 ($8.80), for a total transaction of 拢63,926.50 ($86,715.27).
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.