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.
Macquarie has updated its thoughts and modeling for QBE...
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Last
$22.62 |
Change
-0.130(0.57%) |
Mkt cap ! $34.15B | |||
| Open | High | Low | Value | Volume |
| $22.66 | $22.92 | $22.40 | $80.50M | 3.557M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 466 | $22.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.65 | 13271 | 3 |
View Market Depth
| Last trade - 16.12pm 08/07/2025 (20 minute delay) ? |
| QBE (ASX) Chart |