Latest news with #AndrewBuncombe


Business Insider
3 days ago
- Business
- Business Insider
Macquarie Sticks to Their Hold Rating for Medibank Private (MDBPF)
In a report released today, Andrew Buncombe from Macquarie maintained a Hold rating on Medibank Private (MDBPF – Research Report), with a price target of A$4.25. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Buncombe covers the Financial sector, focusing on stocks such as Insurance Australia Group Limited, ASX , and NIB Holdings Ltd. According to TipRanks, Buncombe has an average return of 11.6% and a 78.43% success rate on recommended stocks. Currently, the analyst consensus on Medibank Private is a Moderate Buy with an average price target of $3.04.


Business Insider
06-05-2025
- Business
- Business Insider
QBE Insurance Group Limited (QBEIF) Receives a Buy from Macquarie
In a report released today, Andrew Buncombe from Macquarie maintained a Buy rating on QBE Insurance Group Limited (QBEIF – Research Report), with a price target of A$23.00. The company's shares closed last Thursday at $14.37. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. Buncombe covers the Financial sector, focusing on stocks such as ASX , QBE Insurance Group Limited, and AMP . According to TipRanks, Buncombe has an average return of 10.6% and a 75.00% success rate on recommended stocks. Currently, the analyst consensus on QBE Insurance Group Limited is a Strong Buy with an average price target of $15.27, representing a 6.26% upside. In a report released today, Citi also maintained a Buy rating on the stock with a A$23.30 price target. Based on QBE Insurance Group Limited's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $11.85 billion and a net profit of $977 million. In comparison, last year the company earned a revenue of $11.43 billion and had a net profit of $955 million Based on the recent corporate insider activity of 26 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of QBEIF in relation to earlier this year.


Business Insider
30-04-2025
- Business
- Business Insider
Macquarie Keeps Their Sell Rating on NIB Holdings Ltd (3GU)
Macquarie analyst Andrew Buncombe maintained a Sell rating on NIB Holdings Ltd (3GU – Research Report) today and set a price target of A$5.55. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. Buncombe covers the Financial sector, focusing on stocks such as ASX , AMP , and Computershare Limited. According to TipRanks, Buncombe has an average return of 8.9% and a 67.39% success rate on recommended stocks. The word on The Street in general, suggests a Hold analyst consensus rating for NIB Holdings Ltd with a €3.90 average price target.


Business Insider
29-04-2025
- Business
- Business Insider
Macquarie Reaffirms Their Hold Rating on ASX (ASXFF)
In a report released today, Andrew Buncombe from Macquarie maintained a Hold rating on ASX (ASXFF – Research Report), with a price target of A$65.00. The company's shares closed last Thursday at $45.90. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. According to TipRanks, Buncombe is a 4-star analyst with an average return of 8.9% and a 67.39% success rate. Buncombe covers the Financial sector, focusing on stocks such as ASX , AMP , and Computershare Limited. ASX has an analyst consensus of Moderate Sell, with a price target consensus of $40.93. Based on ASX 's latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $814.3 million and a net profit of $193.76 million. In comparison, last year the company earned a revenue of $750.9 million and had a net profit of $193.58 million Based on the recent corporate insider activity of 8 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of ASXFF in relation to earlier this year.