RSA Insurance Group plc (LON:RSA) Receives Consensus Recommendation of “Buy” from Brokerages

by Newsfeed

RSA Insurance Group plc (LON:RSA) has been given an average recommendation of “Buy” by the fifteen research firms that are covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and eleven have assigned a buy recommendation to the company. The average 1 year target price among brokerages that have covered the stock in the last year is GBX 542.60 ($7.09).

Several equities analysts recently issued reports on RSA shares. HSBC cut RSA Insurance Group to a “hold” rating and dropped their price target for the company from GBX 551 ($7.20) to GBX 455 ($5.95) in a research report on Friday, July 10th. UBS Group restated a “buy” rating on shares of RSA Insurance Group in a research report on Monday, July 27th. Barclays dropped…

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