Jefferies Financial Group Raises RSA Insurance Group (RSA) Price Target to GBX 627

RSA Insurance Group (LON:RSA) had its price target raised by investment analysts at Jefferies Financial Group from GBX 614 ($8.02) to GBX 627 ($8.19) in a research report issued to clients and investors on Friday, ThisIsMoney.Co.Uk reports. The brokerage currently has a “buy” rating on the insurance provider’s stock. Jefferies Financial Group’s price objective would suggest a potential upside of 11.61% from the company’s previous close.

A number of other equities research analysts have also recently issued reports on RSA. Barclays reaffirmed an “overweight” rating on shares of RSA Insurance Group in a research note on Monday, January 21st. HSBC cut their price objective on shares of 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. BNP Paribas cut their price objective on shares of RSA Insurance Group from GBX 740 ($9.67) to GBX 640 ($8.36) and set an “outperform” rating for the company in a research note on Thursday, January 24th. UBS Group cut their price objective on shares of RSA Insurance Group from GBX 590 ($7.71) to GBX 550 ($7.19) and set a “neutral” rating for the company in a research note on Tuesday, January 29th. Finally, Deutsche Bank reaffirmed a “hold” rating on shares of RSA Insurance Group in a research note on Tuesday, February 19th. Four investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. RSA Insurance Group has a consensus rating of “Buy” and an average price target of GBX 632.50 ($8.26).

Shares of LON:RSA opened at GBX 561.80 ($7.34) on Friday. The firm has a market capitalization of $5.79 billion and a PE ratio of 17.78. RSA Insurance Group has a one year low of GBX 490.40 ($6.41) and a one year high of GBX 683.40 ($8.93). The company has a debt-to-equity ratio of 13.17, a quick ratio of 0.75 and a current ratio of 1.04.

RSA Insurance Group (LON:RSA) last issued its quarterly earnings results on Thursday, February 28th. The insurance provider reported GBX 34.10 ($0.45) EPS for the quarter, missing the Zacks’ consensus estimate of GBX 37.40 ($0.49) by GBX (3.30) (($0.04)). Research analysts expect that RSA Insurance Group will post 4942.99986219894 EPS 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.

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Analyst Recommendations for RSA Insurance Group (LON:RSA)

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