RSA Insurance Group plc’s (RSA) Neutral Rating Reaffirmed at Citigroup Inc.
Citigroup Inc. restated their neutral rating on shares of RSA Insurance Group plc (LON:RSA) in a research note published on Tuesday. Citigroup Inc. currently has a GBX 615 ($8.27) price target on the insurance provider’s stock.
A number of other research analysts also recently weighed in on RSA. Deutsche Bank AG reissued a hold rating and issued a GBX 570 ($7.67) target price on shares of RSA Insurance Group plc in a report on Tuesday, May 30th. Goldman Sachs Group, Inc. (The) reissued a buy rating and issued a GBX 685 ($9.21) target price on shares of RSA Insurance Group plc in a report on Tuesday, May 30th. HSBC Holdings plc increased their target price on RSA Insurance Group plc from GBX 695 ($9.35) to GBX 715 ($9.62) and gave the company a buy rating in a report on Tuesday, June 13th. Credit Suisse Group increased their target price on RSA Insurance Group plc from GBX 690 ($9.28) to GBX 710 ($9.55) and gave the company an outperform rating in a report on Wednesday, July 12th. Finally, J P Morgan Chase & Co reissued a neutral rating and issued a GBX 630 ($8.47) target price on shares of RSA Insurance Group plc in a report on Thursday, July 20th. Three research analysts have rated the stock with a sell rating, five have given a hold rating and six have given a buy rating to the company. The stock presently has an average rating of Hold and a consensus price target of GBX 630.08 ($8.47).
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The company also recently declared a dividend, which will be paid on Friday, October 13th. Investors of record on Thursday, September 7th will be paid a dividend of GBX 6.60 ($0.09) per share. This represents a yield of 1.02%. The ex-dividend date is Thursday, September 7th.
In related news, insider Isabel Hudson acquired 1,009 shares of the stock in a transaction dated Monday, August 14th. The stock was acquired at an average cost of GBX 650 ($8.74) per share, with a total value of £6,558.50 ($8,819.93).
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.
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