HomeinsuranceCiti Sticks to Their Buy Rating for QBE Insurance Group Limited (QBEIF)

Citi Sticks to Their Buy Rating for QBE Insurance Group Limited (QBEIF)

Citi analyst Nigel Pittaway maintained a Buy rating on QBE Insurance Group Limited today and set a price target of A$25.60.
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According to TipRanks, Pittaway is a 3-star analyst with an average return of 3.3% and a 51.64% success rate. Pittaway covers the Financial sector, focusing on stocks such as AMP , Insurance Australia Group Limited, and Challenger .
In addition to Citi, QBE Insurance Group Limited also received a Buy from Morgan Stanley’s Andrei Stadnik in a report issued on November 16. However, on November 21, Bell Potter maintained a Hold rating on QBE Insurance Group Limited (Other OTC: QBEIF).
The company has a one-year high of A$24.20 and a one-year low of A$18.38. Currently, QBE Insurance Group Limited has an average volume of 3.53M.

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