QBE Insurance Group Limited (ASX: QBE)‘s stock had its “outperform” rating restated by equities researchers at Macquarie in a report issued on Tuesday. They currently have a $15.05 (15 AUD) target price on the stock.

QBE Insurance Group Limited traded down 2.35% on Tuesday, hitting A$13.710. QBE Insurance Group Limited has a 52-week low of A$9.880 and a 52-week high of A$15.490. The company has a market cap of A$16.150 billion and a price-to-earnings ratio of 21.14.

QBE Insurance Group Limited is engaged in underwriting general insurance and reinsurance risks, management of Lloyd’s syndicates and investment management.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.