Insurance Australia Group Limited (OTCMKTS:IAUGY – Get Free Report)’s stock price gapped up prior to trading on Wednesday . The stock had previously closed at $26.4270, but opened at $28.1810. Insurance Australia Group shares last traded at $28.1810, with a volume of 343 shares traded.
Wall Street Analyst Weigh In
Separately, Zacks Research raised Insurance Australia Group to a “hold” rating in a research note on Tuesday, May 19th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock has a consensus rating of “Hold”.
Check Out Our Latest Research Report on IAUGY
Insurance Australia Group Trading Up 6.6%
Insurance Australia Group Company Profile
Insurance Australia Group (OTCMKTS:IAUGY) is a leading general insurance underwriter headquartered in Sydney, Australia. The company provides a broad range of personal and commercial insurance products, including home, motor, travel, business and liability coverage. IAG serves individual policyholders, small to mid-sized enterprises and large corporate clients through a diversified distribution network of brokers, direct sales, affinity partnerships and digital channels.
Formed in 2000 through the merger of several Australian and New Zealand insurers, IAG has since grown to become the largest general insurer in its home markets.
See Also
- Five stocks we like better than Insurance Australia Group
- Intel Is the Market’s Most Mispriced AI Hedge
- The Biggest Opportunity From SpaceX’s IPO May Surprise You
- Palantir’s AIPCon Shows Why Customers Are Fueling the Bull Case
- Chewy’s Growth Engine Is Stronger Than the Market Thinks
Receive News & Ratings for Insurance Australia Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Insurance Australia Group and related companies with MarketBeat.com's FREE daily email newsletter.
