RSA Insurance Group plc (RSNAY) Earns Overweight Rating from Analysts at Morgan Stanley
Morgan Stanley initiated coverage on shares of RSA Insurance Group plc (OTCMKTS:RSNAY) in a research note published on Friday morning, StockTargetPrices.com reports. The firm issued an overweight rating on the stock.
Separately, HSBC raised RSA Insurance Group plc from a hold rating to a buy rating in a report on Thursday, September 8th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the company’s stock. The company has an average rating of Hold.
RSA Insurance Group plc (OTCMKTS:RSNAY) opened at 7.05 on Friday. The stock has a market capitalization of $7.18 billion and a price-to-earnings ratio of 54.65. The stock’s 50 day moving average is $6.66 and its 200 day moving average is $6.70. RSA Insurance Group plc has a one year low of $5.43 and a one year high of $7.32.
About RSA Insurance Group plc
RSA Insurance Group plc is the holding company of the RSA group of companies whose principal activity is the transaction of personal and commercial general insurance business. The Company operates in four segments: Scandinavia, Canada, United Kingdom and Western Europe, and Emerging Markets. The Company provides insurance covers for a range of renewable energy technologies, including Wind Energy, which includes onshore and offshore facilities; Solar Energy, which includes photovoltaic, concentrated and thermal installations; Small Hydro, which includes power stations producing an output up to 50 megawatt, and Bio energy, which includes Biomass, Biogas and Waste to Energy plants.
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