RSA Insurance Group (RSA) Given Consensus Rating of “Hold” by Analysts

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.

Analyst Recommendations for RSA Insurance Group (LON:RSA)