RSA Insurance Group (LON:RSA) Rating Reiterated by Deutsche Bank

Deutsche Bank reaffirmed their hold rating on shares of RSA Insurance Group (LON:RSA) in a research report report published on Monday morning, ThisIsMoney.Co.Uk reports.

Other analysts have also recently issued research reports about the stock. JPMorgan Chase & Co. upgraded shares of RSA Insurance Group to an overweight rating in a report on Tuesday, January 7th. Royal Bank of Canada reiterated an outperform rating on shares of RSA Insurance Group in a research note on Friday, March 20th. Barclays reiterated an overweight rating on shares of RSA Insurance Group in a research note on Monday, February 3rd. Peel Hunt reissued a buy rating on shares of RSA Insurance Group in a research report on Wednesday, March 18th. Finally, Jefferies Financial Group reissued a buy rating on shares of RSA Insurance Group in a research note on Tuesday, March 3rd. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and nine have issued a buy rating to the company. The stock currently has an average rating of Buy and an average target price of GBX 612.91 ($8.06).

RSA opened at GBX 424.40 ($5.58) on Monday. The company has a quick ratio of 1.12, a current ratio of 1.34 and a debt-to-equity ratio of 27.11. RSA Insurance Group has a 52 week low of GBX 431.90 ($5.68) and a 52 week high of GBX 736.84 ($9.69). The stock has a market cap of $4.32 billion and a PE ratio of 13.06. The business has a 50 day moving average of GBX 499.21 and a 200-day moving average of GBX 531.42.

RSA Insurance Group (LON:RSA) last issued its quarterly earnings results on Thursday, February 27th. The insurance provider reported GBX 39.40 ($0.52) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of GBX 40.70 ($0.54) by GBX (1.30) (($0.02)). Equities analysts anticipate that RSA Insurance Group will post 5024.2577804 EPS for the current year.

The business also recently announced a dividend, which will be paid on Thursday, May 14th. Shareholders of record on Thursday, March 5th will be issued a GBX 15.60 ($0.21) dividend. This represents a yield of 2.86%. This is an increase from RSA Insurance Group’s previous dividend of $7.50. The ex-dividend date of this dividend is Thursday, March 5th. RSA Insurance Group’s payout ratio is 0.95%.

In related news, insider Sonia Baxendale bought 2,000 shares of the business’s stock in a transaction dated Thursday, March 5th. The shares were purchased at an average cost of GBX 671 ($8.83) per share, with a total value of £13,420 ($17,653.25).

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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Analyst Recommendations for RSA Insurance Group (LON:RSA)

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