I agree 2016 should be QBE's year. I have downgraded my estimate for Christmas to about $14.50. QBE should meet or slightly exceed forecast and the longer there is no bad news, the more the market is going to like.
A good report in February might be the basis of significant rally, but it will take significant eps rise to see $20 much before the end of next year. Not that I am complaining as 2017 should see a continuation of the steady rise.
I am definitely a long term investor in this one, but don't include myself in the fanboy club that was predicting $20 by Christmas.
I agree 2016 should be QBE's year. I have downgraded my estimate...
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Last
$17.08 |
Change
-0.130(0.76%) |
Mkt cap ! $25.71B | |||
| Open | High | Low | Value | Volume |
| $17.06 | $17.11 | $16.89 | $40.74M | 2.390M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 248 | $17.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.10 | 620 | 1 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| QBE (ASX) Chart |