Analysts have been eager to weigh in on the Financial sector with new ratings on QBE Insurance Group Limited (QBEIF – Research Report) and Insignia Financial Ltd (IOOFF – Research Report).
QBE Insurance Group Limited (QBEIF)
Morgan Stanley analyst Andrei Stadnik maintained a Buy rating on QBE Insurance Group Limited today and set a price target of A$20.10. The company’s shares closed last Tuesday at $12.14, equals to its 52-week high of $12.14.
According to TipRanks.com, Stadnik is a 4-star analyst with an average return of
QBE Insurance Group Limited has an analyst consensus of Moderate Buy, with a price target consensus of $12.23, representing a 0.7% upside. In a report issued on April 26, Goldman Sachs also maintained a Buy rating on the stock with a A$20.58 price target.
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Insignia Financial Ltd (IOOFF)
Ord Minnett analyst Nicolas Burgess downgraded Insignia Financial Ltd to Hold today and set a price target of A$3.60. The company’s shares closed last Friday at $1.30, equals to its 52-week low of $1.30.
According to TipRanks.com, Burgess is ranked #5645 out of 8815 analysts.
Insignia Financial Ltd has an analyst consensus of Hold, with a price target consensus of $1.80.
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