QBE 0.30% $16.39 qbe insurance group limited

Promina announced their results today, market a bit disappointed...

  1. 151 Posts.
    Promina announced their results today, market a bit disappointed in some future assumptions, QBE ended up getting sold off as a result. However, QBE will do well with higher interest rates. It also will do even better if the US market picks up. Lots of broker upgrades recently, most suspect it will be o nthe hunt to acquire as well.eg Macquarie target 12mth is 16.49 and is on many brokers recommendation list and their long positions
 
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