JPMorgan Chase & Co. Boosts RSA Insurance Group plc (RSA) Price Target to GBX 630

RSA Insurance Group plc (LON:RSA) had its target price boosted by equities researchers at JPMorgan Chase & Co. from GBX 585 ($7.55) to GBX 630 ($8.13) in a research report issued to clients and investors on Friday, May 5th. The brokerage presently has a “neutral” rating on the insurance provider’s stock. JPMorgan Chase & Co.’s target price indicates a potential upside of 3.36% from the stock’s current price.

A number of other research firms have also recently commented on RSA. Macquarie lifted their target price on RSA Insurance Group plc from GBX 440 ($5.68) to GBX 478 ($6.17) and gave the stock an “underperform” rating in a research report on Friday, May 5th. Beaufort Securities restated a “buy” rating on shares of RSA Insurance Group plc in a research report on Friday, May 5th. Panmure Gordon restated a “hold” rating and set a GBX 600 ($7.74) price objective on shares of RSA Insurance Group plc in a research report on Thursday, May 4th. Shore Capital restated a “sell” rating on shares of RSA Insurance Group plc in a research report on Thursday, May 4th. Finally, Credit Suisse Group AG lifted their price objective on RSA Insurance Group plc from GBX 680 ($8.78) to GBX 690 ($8.91) and gave the stock an “outperform” rating in a research report on Monday, March 6th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and seven have assigned a buy rating to the company. RSA Insurance Group plc has an average rating of “Hold” and an average target price of GBX 614.75 ($7.94).

Analyst Recommendations for RSA Insurance Group plc (LON:RSA)

RSA Insurance Group plc (LON:RSA) traded down 0.25% during mid-day trading on Friday, reaching GBX 609.50. The company’s stock had a trading volume of 4,315,067 shares. RSA Insurance Group plc has a one year low of GBX 425.60 and a one year high of GBX 629.00. The firm’s market cap is GBX 6.13 billion. The stock’s 50 day moving average is GBX 598.77 and its 200 day moving average is GBX 576.72.

The business also recently disclosed a dividend, which was paid on Friday, May 12th. Stockholders of record on Thursday, March 2nd were issued a GBX 11 ($0.14) dividend. The ex-dividend date was Thursday, March 2nd. This is a boost from RSA Insurance Group plc’s previous dividend of $5.00. This represents a dividend yield of 1.82%.

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About RSA Insurance Group plc

RSA Insurance Group plc is an international general insurer. The Company provides personal, commercial and specialty insurance products and services direct-to-customers. Its segments include Scandinavia, Canada, UK & Ireland, Central Functions and non-core. Its segments are based on geography and all are engaged in providing personal and commercial general insurance services.

12 Month Chart for LON:RSA

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