Suncorp Group Limited (OTCMKTS:SNMCY – Get Free Report) gapped down prior to trading on Wednesday. The stock had previously closed at $13.97, but opened at $13.3960. Suncorp Group shares last traded at $13.3960, with a volume of 2,370 shares changing hands.
Wall Street Analyst Weigh In
Separately, Zacks Research raised shares of Suncorp Group from a “strong sell” rating to a “hold” rating in a research note on Friday, August 14th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, Suncorp Group presently has an average rating of “Hold”.
View Our Latest Analysis on Suncorp Group
Suncorp Group Trading Down 1.3%
About Suncorp Group
Suncorp Group Limited is an Australia-based insurance company headquartered in Brisbane, Queensland. The group provides general insurance products and services to individuals, businesses and government-related customers in Australia and New Zealand.
Its Australian operations offer products including home, motor, commercial, workers’ compensation and compulsory third-party insurance. Suncorp markets insurance through brands such as AAMI, GIO, Apia, Shannons and Suncorp Insurance. In New Zealand, the group operates through brands including Vero and AA Insurance, providing personal and commercial general insurance products.
Suncorp was formed in 1996 through the merger of Suncorp, Metway Bank and the Queensland Industry Development Corporation.
Further Reading
- Five stocks we like better than Suncorp Group
- Hims & Hers Slides Nearly 7% as Legal Pressure Adds to Its Growing List of Risks
- Paychex Plunges, Providing the Entry Investors Have Been Waiting For
- The Case for Buying High-Yield General Mills Just Strengthened
- SanDisk’s $1,800 Breakout Turns Memory Hardware Into a Profit Story
Receive News & Ratings for Suncorp Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Suncorp Group and related companies with MarketBeat.com's FREE daily email newsletter.
