RSA Insurance Group (RSA) Earns Buy Rating from Peel Hunt

RSA Insurance Group (LON:RSA)‘s stock had its “buy” rating restated by equities researchers at Peel Hunt in a research report issued to clients and investors on Thursday, April 11th, ThisIsMoney.Co.Uk reports.

A number of other research firms have also recently weighed in on RSA. Barclays dropped their price target on RSA Insurance Group from GBX 611 ($7.98) to GBX 597 ($7.80) and set an “overweight” rating for the company in a report on Thursday, December 13th. JPMorgan Chase & Co. lowered their target price on RSA Insurance Group from GBX 615 ($8.04) to GBX 610 ($7.97) and set a “neutral” rating for the company in a research note on Monday, March 4th. Goldman Sachs Group reissued a “buy” rating on shares of RSA Insurance Group in a research note on Wednesday, February 27th. Deutsche Bank reissued a “hold” rating on shares of RSA Insurance Group in a research note on Tuesday, February 19th. Finally, HSBC lowered their target price on RSA Insurance Group from GBX 705 ($9.21) to GBX 700 ($9.15) and set a “buy” rating for the company in a research note on Wednesday, January 23rd. Four analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. RSA Insurance Group has an average rating of “Buy” and a consensus price target of GBX 631.42 ($8.25).

RSA stock traded up GBX 4 ($0.05) during midday trading on Thursday, reaching GBX 549.80 ($7.18). 2,668,402 shares of the company’s stock traded hands, 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 683.40 ($8.93). The stock has a market capitalization of $5.61 billion and a price-to-earnings ratio of 17.40. The company has a debt-to-equity ratio of 13.17, a current ratio of 1.04 and a quick ratio of 0.75.

RSA Insurance Group (LON:RSA) last released its quarterly earnings results on Thursday, February 28th. The insurance provider reported GBX 34.10 ($0.45) earnings per share for the quarter, missing the Zacks’ consensus estimate of GBX 37.40 ($0.49) by GBX (3.30) (($0.04)). On average, equities analysts expect that RSA Insurance Group will post 4943.00023176005 earnings per share for the current fiscal year.

About RSA Insurance Group

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.

Featured Article: Short Selling

Analyst Recommendations for RSA Insurance Group (LON:RSA)

Receive News & Ratings for RSA Insurance Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RSA Insurance Group and related companies with MarketBeat.com's FREE daily email newsletter.