RSA upside of almost 10%: Deutsche Bank

RSA Insurance Group plc 9.4% Potential Upside Indicated by Deutsche Bank

Insurance News

By Libby MacDonald

International general insurer RSA Insurance Group has had its target price set at 515 GBX by Deutsche Bank, signifying a potential upside of 9.4% from today’s opening price of 470.9 GBX.
 
The company’s, which has core businesses in the United Kingdom, Ireland, Canada, Scandinavia and Latin America had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ yesterday by analysts at Deutsche Bank.

With the company share price increasing by 35.6 points over the last 30 trading days, and 39.9 points over the last 390 trading days, RSA has a 50 day moving average of 428.10 GBX and a 200 day moving average of 442.62 GBX. The 1 year high for the stock price is 528 GBX while the year low stock price is currently 371 GBX. There are currently 339,880,724 shares in issue with the average daily volume traded being 2,853,315. Market capitalisation for the company that serves small and medium sized commercial, large commercial, mid-market, other and personal customers is £4,862,735,333 GBP.
 

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