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.
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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