Berenberg Raises Rating of RSA Insurance Group PLC (LON:RSA) To “Buy”. The Target Price Given is GBX 657.00

October 2, 2018 - By Linda Rogers

RSA Insurance Group plc (LON:RSA) Logo

RSA Insurance Group PLC (LON:RSA) Stock Upgrade

In an analyst note released on Tuesday morning, Berenberg has raised shares of RSA Insurance Group PLC (LON:RSA) stock to a solid “Buy” and has set one year target price per share to GBX 657.00. This target is 12.08 % from RSA’s current share price.

RSA Insurance Group plc (LON:RSA) Ratings Coverage

Among 10 analysts covering RSA Insurance Group PLC (LON:RSA), 5 have Buy rating, 0 Sell and 5 Hold. Therefore 50% are positive. RSA Insurance Group PLC has GBX 735 highest and GBX 600 lowest target. GBX 662.56’s average target is 12.83% above currents GBX 587.2 stock price. RSA Insurance Group PLC had 13 analyst reports since April 6, 2018 according to SRatingsIntel. JP Morgan maintained it with “Overweight” rating and GBX 735 target in Friday, July 13 report. The firm has “Hold” rating given on Tuesday, October 2 by Deutsche Bank. Berenberg upgraded the stock to “Buy” rating in Monday, October 1 report. HSBC maintained the shares of RSA in report on Wednesday, May 9 with “Buy” rating. The firm has “Neutral” rating by UBS given on Monday, October 1. Jefferies maintained the stock with “Hold” rating in Monday, April 23 report. The company was maintained on Friday, April 6 by Goldman Sachs. Barclays Capital maintained RSA Insurance Group plc (LON:RSA) rating on Wednesday, July 18. Barclays Capital has “Overweight” rating and GBX 682 target. The firm earned “Hold” rating on Friday, May 25 by Deutsche Bank. The stock of RSA Insurance Group plc (LON:RSA) has “Overweight” rating given on Friday, May 11 by JP Morgan.

The stock decreased 0.64% or GBX 3.8 during the last trading session, reaching GBX 587.2. About 600,758 shares traded. RSA Insurance Group plc (LON:RSA) has 0.00% since October 2, 2017 and is . It has underperformed by 15.62% the S&P500.

RSA Insurance Group plc, together with its subsidiaries, provides personal and commercial general insurance products. The company has market cap of 5.96 billion GBP. It operates through Scandinavia, Canada, and UK & International divisions. It has a 19.77 P/E ratio. The firm 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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