...seriously, analysts recommendations are just a guideline. Look at how all the analysts got it wrong for RIO.
a uk insurer has just reported its profit which has been impacted by the floods.
don't think that QBE will be unscathed(h2 egs), however it may manipulate its P&L to meet the egs guidance. Better to wait for the profit announcement for any aggressive accumulation.
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Profit was eroded by 120 million pounds of claims as Royal & Sun helped find accommodation for about 2,000 families in England affected by the worst flooding in 60 years in June and July. Losses for the industry may reach 3.25 billion pounds, according to an estimate from disaster modeler Risk Management Solutions Inc.
...seriously, analysts recommendations are just a guideline....
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Last
$18.30 |
Change
0.050(0.27%) |
Mkt cap ! $27.42B | |||
| Open | High | Low | Value | Volume |
| $18.20 | $18.31 | $18.13 | $15.00M | 823.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 2590 | $18.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.30 | 183 | 6 |
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| Last trade - 13.26pm 11/11/2024 (20 minute delay) ? |
| QBE (ASX) Chart |