Suncorp Group Ltd Stock Rating Reaffirmed by Nomura (SUN)
Shares of Suncorp Group Ltd traded down 0.75% during mid-day trading on Thursday, hitting A$10.600. Suncorp Group Ltd has a 52 week low of A$7.500 and a 52 week high of A$9.560. The stock’s 50-day moving average is currently A$9.27. The company has a market cap of A$13.638 billion and a P/E ratio of 19.14.
A number of other analysts have also recently weighed in on SUN. Analysts at CIMB reiterated an “outperform” rating on shares of Suncorp Group Ltd in a research note to investors on Wednesday. They now have a $11.71 price target on the stock. Separately, analysts at Credit Suisse reiterated a “neutral” rating on shares of Suncorp Group Ltd in a research note to investors on Tuesday, January 22nd. They now have a $11.11 price target on the stock. Finally, analysts at Macquarie reiterated an “underperform” rating on shares of Suncorp Group Ltd in a research note to investors on Thursday, January 10th. They now have a $10.65 price target on the stock.
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