RSA Insurance Group (LON:RSA) Receives “Hold” Rating from Shore Capital

Shore Capital reiterated their hold rating on shares of RSA Insurance Group (LON:RSA) in a research report report published on Thursday, ThisIsMoney.Co.Uk reports.

A number of other analysts also recently issued reports on RSA. JPMorgan Chase & Co. lifted their price target on shares of RSA Insurance Group from GBX 610 ($7.97) to GBX 630 ($8.23) and gave the company a neutral rating in a report on Wednesday, July 17th. Jefferies Financial Group lifted their price target on shares of RSA Insurance Group from GBX 614 ($8.02) to GBX 627 ($8.19) and gave the company a buy rating in a report on Friday, May 17th. Royal Bank of Canada lifted their price target on shares of RSA Insurance Group from GBX 650 ($8.49) to GBX 675 ($8.82) and gave the company an outperform rating in a report on Tuesday, July 9th. Barclays lifted their price target on shares of RSA Insurance Group from GBX 586 ($7.66) to GBX 600 ($7.84) and gave the company an overweight rating in a report on Monday, June 24th. Finally, Peel Hunt reiterated a buy rating on shares of RSA Insurance Group in a report on Monday. Three research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. The company presently has a consensus rating of Buy and an average target price of GBX 639.09 ($8.35).

Shares of RSA traded down GBX 20.20 ($0.26) during trading hours on Thursday, reaching GBX 540.40 ($7.06). 3,133,054 shares of the stock traded hands, compared to its average volume of 3,310,000. 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 has a 52-week low of GBX 490.40 ($6.41) and a 52-week high of GBX 646 ($8.44). The company’s 50-day simple moving average is GBX 578.52. The company has a market capitalization of $5.57 billion and a P/E ratio of 17.10.

The company also recently declared a dividend, which will be paid on Friday, October 11th. Investors of record on Thursday, September 5th will be issued a dividend of GBX 7.50 ($0.10) per share. The ex-dividend date of this dividend is Thursday, September 5th. This represents a yield of 1.3%. RSA Insurance Group’s payout ratio is 0.85%.

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.

See Also: Why do analysts give a neutral rating?

Analyst Recommendations for RSA Insurance Group (LON:RSA)

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