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M&A May Not Be in Aussie Insurance Brokers' Best Interest
Even though there are many M&A opportunities in Australia from a volume perspective, Macquarie believes there is limited accretion for listed insurance brokers.
Jarden Adjusts PSC Insurance Group Price Target to AU$6.19 From AU$4.80, Keeps at Neutral
PSC Insurance Group (ASX:PSI) has an average rating of buy and price targets ranging from AU$4.80 to AU$6.38, according to analysts polled by CapitalIQ. Price (AUD): $5.74, Change: $, Percent Change:
Ord Minnett Downgrades PSC Insurance Group to Hold From Buy, Price Target Is AU$6.19
PSC Insurance Group (ASX:PSI) has an average rating of outperform and price targets ranging from AU$4.80 to AU$6.38, according to analysts polled by CapitalIQ.
Under-the-radar ASX All Ords Stock Soars on Confirmed Takeover News
An under-the-radar ASX All Ords stock is doing more than its share of the heavy lifting today.
Ardonagh Makes Over A$2 Billion Offer for Australia's PSC Insurance
U.K. based insurance broker Ardonagh has made an offer to buy Australia's PSC Insurance for an equity value of 2.26 billion Australian dollars (US$1.49 billion).
AU Evening Wrap: Australia Shares Rise 0.7%, Led by Real-Estate Stocks
Property trusts were the best performing sector, rising 1.8%.
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