RSA Insurance Group (LON:RSA) Releases Quarterly Earnings Results, Misses Expectations By $2.10 EPS

RSA Insurance Group (LON:RSA) announced its quarterly earnings results on Thursday. The insurance provider reported GBX 20.60 ($0.25) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of GBX 22.70 ($0.28) by GBX (2.10) (($0.03)), Digital Look Earnings reports.

LON:RSA opened at GBX 429.10 ($5.28) on Friday. RSA Insurance Group has a one year low of GBX 4.10 ($0.05) and a one year high of GBX 736.84 ($9.07). The company has a debt-to-equity ratio of 27.11, a quick ratio of 0.53 and a current ratio of 0.68. The stock has a market cap of $4.44 billion and a PE ratio of 13.20. The stock has a 50 day moving average price of GBX 421.43 and a 200 day moving average price of GBX 443.27.

RSA has been the subject of a number of analyst reports. Deutsche Bank reaffirmed a “hold” rating on shares of RSA Insurance Group in a report on Monday, June 22nd. Jefferies Financial Group reduced their price target on RSA Insurance Group from GBX 600 ($7.38) to GBX 580 ($7.14) and set a “buy” rating for the company in a report on Friday. HSBC cut RSA Insurance Group to a “hold” rating and reduced their price target for the stock from GBX 551 ($6.78) to GBX 455 ($5.60) in a report on Friday, July 10th. Royal Bank of Canada reduced their price target on RSA Insurance Group from GBX 600 ($7.38) to GBX 550 ($6.77) and set an “outperform” rating for the company in a report on Friday, May 1st. Finally, UBS Group reaffirmed a “buy” rating on shares of RSA Insurance Group in a report on Monday, July 27th. One research analyst has rated the stock with a sell rating, three have given a hold rating and eleven have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of GBX 539.25 ($6.64).

RSA Insurance Group Company Profile

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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Earnings History for RSA Insurance Group (LON:RSA)

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