Latest news with #QBEIF
Business Insider
02-06-2025
- Business
- Business Insider
QBE Insurance Group Limited (QBEIF) Gets a Buy from Morgans
In a report released today, Richard Coles from Morgans maintained a Buy rating on QBE Insurance Group Limited (QBEIF – Research Report), with a price target of A$26.76. 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 According to TipRanks, Coles is a 5-star analyst with an average return of 11.2% and a 57.51% success rate. Coles covers the Financial sector, focusing on stocks such as QBE Insurance Group Limited, COG Financial Services Limited, and Challenger . Currently, the analyst consensus on QBE Insurance Group Limited is a Strong Buy with an average price target of $15.42. 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 19 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
13-05-2025
- Business
- Business Insider
Morgans Reaffirms Their Buy Rating on QBE Insurance Group Limited (QBEIF)
Morgans analyst Richard Coles maintained a Buy rating on QBE Insurance Group Limited (QBEIF – Research Report) today and set a price target of A$24.07. The company's shares closed last Wednesday at $13.50. 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, Coles is a 4-star analyst with an average return of 10.2% and a 55.03% success rate. Coles covers the Financial sector, focusing on stocks such as Challenger , QBE Insurance Group Limited, and Computershare Limited. The word on The Street in general, suggests a Strong Buy analyst consensus rating for QBE Insurance Group Limited with a $15.32 average price target, implying a 13.48% upside from current levels. In a report released today, Morgan Stanley also maintained a Buy rating on the stock with a A$24.60 price target. The company has a one-year high of $15.10 and a one-year low of $9.95. Currently, QBE Insurance Group Limited has an average volume of 719. 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
12-05-2025
- Business
- Business Insider
UBS Reaffirms Their Buy Rating on QBE Insurance Group Limited (QBEIF)
In a report released today, Kieren Chidgey from UBS maintained a Buy rating on QBE Insurance Group Limited (QBEIF – Research Report), with a price target of A$24.65. The company's shares closed last Wednesday at $13.50. Protect Your Portfolio Against Market Uncertainty Chidgey covers the Financial sector, focusing on stocks such as ASX , Medibank Private, and QBE Insurance Group Limited. According to TipRanks, Chidgey has an average return of -3.8% and a 43.75% success rate on recommended stocks. In addition to UBS, QBE Insurance Group Limited also received a Buy from Morgan Stanley's Andrei Stadnik in a report issued today. However, on the same day, Bell Potter maintained a Hold rating on QBE Insurance Group Limited (Other OTC: QBEIF). 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
12-05-2025
- Business
- Business Insider
Analysts' Opinions Are Mixed on These Financial Stocks: Victory Capital Holdings (VCTR) and QBE Insurance Group Limited (OtherQBEIF)
Analysts have been eager to weigh in on the Financial sector with new ratings on Victory Capital Holdings (VCTR – Research Report) and QBE Insurance Group Limited (QBEIF – Research Report). Protect Your Portfolio Against Market Uncertainty Victory Capital Holdings (VCTR) Barclays analyst Benjamin Budish maintained a Hold rating on Victory Capital Holdings on May 9 and set a price target of $62.00. The company's shares closed last Friday at $59.14. According to Budish is a 5-star analyst with an average return of 15.4% and a 71.0% success rate. Budish covers the Financial sector, focusing on stocks such as Virtus Investment Partners, Intercontinental Exchange, and Apollo Global Management. Currently, the analyst consensus on Victory Capital Holdings is a Moderate Buy with an average price target of $68.86, a 16.2% upside from current levels. In a report issued on April 29, J.P. Morgan also maintained a Hold rating on the stock with a $62.00 price target. QBE Insurance Group Limited (QBEIF) Morgan Stanley analyst Andrei Stadnik maintained a Buy rating on QBE Insurance Group Limited today and set a price target of A$24.60. The company's shares closed last Wednesday at $13.50. According to Stadnik is a 4-star analyst with an average return of 7.1% and a 54.4% success rate. Stadnik covers the Financial sector, focusing on stocks such as Insurance Australia Group Limited, Macquarie Group Limited, and Insignia Financial Ltd. Currently, the analyst consensus on QBE Insurance Group Limited is a Strong Buy with an average price target of $15.12, representing a 12.0% upside. In a report issued on April 30, Goldman Sachs also maintained a Buy rating on the stock with a A$25.00 price target.
Business Insider
12-05-2025
- Business
- Business Insider
Bell Potter Keeps Their Hold Rating on QBE Insurance Group Limited (QBEIF)
In a report released today, Marcus Barnard from Bell Potter maintained a Hold rating on QBE Insurance Group Limited (QBEIF – Research Report), with a price target of A$21.00. The company's shares closed last Wednesday at $13.50. 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, Barnard is a 2-star analyst with an average return of -0.8% and a 50.98% success rate. QBE Insurance Group Limited has an analyst consensus of Strong Buy, with a price target consensus of $15.12. QBEIF market cap is currently $21.88B and has a P/E ratio of 11.72. 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.
