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
$21.44 |
Change
0.440(2.10%) |
Mkt cap ! $32.37B | |||
| Open | High | Low | Value | Volume |
| $21.12 | $21.45 | $20.91 | $120.1M | 5.626M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15197 | $21.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.44 | 24860 | 3 |
View Market Depth
| Last trade - 16.13pm 12/08/2025 (20 minute delay) ? |
| QBE (ASX) Chart |