I agree 2016 should be QBE's year. I have downgraded my estimate for Christmas to about $14.50. QBE should meet or slightly exceed forecast and the longer there is no bad news, the more the market is going to like.
A good report in February might be the basis of significant rally, but it will take significant eps rise to see $20 much before the end of next year. Not that I am complaining as 2017 should see a continuation of the steady rise.
I am definitely a long term investor in this one, but don't include myself in the fanboy club that was predicting $20 by Christmas.
Where are all the QBE fanboys?, page-12
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$16.54 |
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Mkt cap ! $24.89B | |||
| Open | High | Low | Value | Volume |
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