QBE Insurance Price Target Cut 2.9% to A$13.50/Share by...

QBE Insurance Price Target Cut 2.9% to A$13.50/Share by Macquarie 21/02/2022 9:12AM. No story, headline only

QBE Insurance Price Target Raised 2.5% to A$14.50/Share by Morgan Stanley. 21/02/2022 9:21AM No story, headline only

QBE Insurance Price Target Cut 5.7% to A$13.50/Share by Morgans 21/02/2022 9:32AM. No story, headline only

These alters to broker forecasts following QBE's FY profit announcement are minor and remain well above market. If realised, QBE will decisively break out of it's ten year down trend in coming months.

I consider this business well placed relative to its peers. It has generated a good head of steam for future profitable trading.

Insurers are meant to be dull and safe anchor stocks with good returns on capital and solid dividends. QBE has made giant strides in that direction.

Ash