Macquarie has updated its thoughts and modeling for QBE Insurance Group. One of the key highlights is the broker feels without a permanent CEO for the Group and Australia Pacific division, the insurer is moving into FY21 with rebasing risk – an idea also entertained elsewhere.
Macquarie analysts do not expect FY21 guidance and forecast only a 4c dividend in 2H20, given the magnitude of statutory losses. The broker cuts its price target to $7.70 from $8 on further reduction in forecasts. Underperform.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$23.15 |
Change
0.280(1.22%) |
Mkt cap ! $34.95B | |||
| Open | High | Low | Value | Volume |
| $22.89 | $23.32 | $22.77 | $45.04M | 1.954M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9153 | $23.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $23.28 | 995 | 2 |
View Market Depth
| Last trade - 16.10pm 18/07/2025 (20 minute delay) ? |
| QBE (ASX) Chart |