QBE Insurance Group Limited – Sponsored ADR (OTCMKTS:QBIEY – Get Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $16.29, but opened at $15.77. QBE Insurance Group shares last traded at $15.77, with a volume of 10,062 shares trading hands.
Wall Street Analyst Weigh In
QBIEY has been the topic of several research reports. Jefferies Financial Group cut shares of QBE Insurance Group from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 15th. Zacks Research upgraded shares of QBE Insurance Group to a “hold” rating in a research report on Wednesday, August 19th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, QBE Insurance Group presently has an average rating of “Hold”.
Read Our Latest Report on QBIEY
QBE Insurance Group Stock Performance
QBE Insurance Group Company Profile
QBE Insurance Group Limited is a global general insurance and reinsurance company headquartered in Sydney, Australia. The company provides insurance products and risk-management solutions for individuals, businesses and organizations, including commercial property, casualty, workers’ compensation, motor, marine, aviation and specialty insurance.
QBE also offers personal insurance products, such as home and motor coverage, as well as crop insurance and other solutions tailored to specific industries and markets.
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