QBE Still Looks Cheap, CIMB Says -- Market Talk
Posted on 4 February 2015 13:58 | Dow Jones Institutional News
0258 GMT [Dow Jones] QBE Insurance (QBE.AU) remains cheap, CIMB argues. It points to a stock trading about 10.5 times forecast FY15 earnings and its forecasts for strong double-digit earnings growth over the next two years. "Recent work to repair its balance sheet and a likely future earnings recovery from business transformation are not accurately reflected in the current share price." It reaffirms an add recommendation and A$12.51/share target. QBE is trading up 3.1% at A$11.01. ([email protected]; Twitter: @RobbMStewart)
no hurryQBE Still Looks Cheap, CIMB Says -- Market Talk Posted on 4 February 2015 13:58 | Dow Jones
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Last
$20.25 |
Change
-0.250(1.22%) |
Mkt cap ! $30.65B | |||
| Open | High | Low | Value | Volume |
| $20.54 | $20.54 | $20.18 | $25.70M | 1.262M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 3626 | $20.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.26 | 10102 | 47 |
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| Last trade - 15.32pm 18/09/2025 (20 minute delay) ? |
| QBE (ASX) Chart |