QBE Still Looks Cheap, CIMB Says -- Market Talk
Posted on 4 February 2015 13:58 | Dow Jones Institutional News
0258 GMT [Dow Jones] QBE Insurance (QBE.AU) remains cheap, CIMB argues. It points to a stock trading about 10.5 times forecast FY15 earnings and its forecasts for strong double-digit earnings growth over the next two years. "Recent work to repair its balance sheet and a likely future earnings recovery from business transformation are not accurately reflected in the current share price." It reaffirms an add recommendation and A$12.51/share target. QBE is trading up 3.1% at A$11.01. ([email protected]; Twitter: @RobbMStewart)
no hurryQBE Still Looks Cheap, CIMB Says -- Market Talk Posted on 4 February 2015 13:58 | Dow Jones
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$20.30 |
Change
-0.205(1.00%) |
Mkt cap ! $30.48B | |||
| Open | High | Low | Value | Volume |
| $20.54 | $20.54 | $20.18 | $19.81M | 972.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 2429 | $20.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.30 | 1698 | 9 |
View Market Depth
| Last trade - 13.20pm 18/09/2025 (20 minute delay) ? |
| QBE (ASX) Chart |