The Macquarie view
Price catalyst
• 12-month price target: A$8.80 based on a DCF methodology.
• Catalyst: AGM on 7 May 2020.
Action and recommendation
• Neutral. Post the capital raising QBE’s balance sheet is in a strong position
however downside risks continue to grow for underwriting earnings. We
maintain our Neutral recommendation
Ann: Trading Halt, page-44
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Last
$16.97 |
Change
0.030(0.18%) |
Mkt cap ! $25.49B | |||
| Open | High | Low | Value | Volume |
| $16.76 | $17.16 | $16.76 | $50.37M | 2.945M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4167 | $16.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.98 | 1101 | 1 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| QBE (ASX) Chart |