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The latest update is out from QBE Insurance Group Limited ( (AU:QBE) ).
Macquarie Group Limited, along with its controlled entities, has ceased to be a substantial holder in QBE Insurance Group Limited. This change in holding reflects a shift in Macquarie’s investment strategy and could impact QBE’s shareholder composition, potentially influencing its market dynamics and stakeholder interests.
The most recent analyst rating on (AU:QBE) stock is a Buy with a A$25.77 price target. To see the full list of analyst forecasts on QBE Insurance Group Limited stock, see the AU:QBE Stock Forecast page.
More about QBE Insurance Group Limited
YTD Price Performance: 17.49%
Average Trading Volume: 3,355,387
Technical Sentiment Signal: Buy
Current Market Cap: A$32.59B
For a thorough assessment of QBE stock, go to TipRanks’ Stock Analysis page.