Insurance Australia Group Limited (IAUGF) Receives a Buy from Macquarie
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 13 2025
0mins
Source: Business Insider
Analyst Ratings: Andrew Buncombe from Macquarie has maintained a Buy rating on Insurance Australia Group Limited (IAUGF) with a price target of A$8.50, while the current analyst consensus is a Moderate Buy with an average price target of $5.52.
Company Performance: Insurance Australia Group Limited's shares closed at $5.60, with a one-year high of $6.17 and a low of $3.69, indicating potential for growth despite a slight downside in the average price target.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
