Suncorp Group Limited (OTCMKTS:SNMCY – Get Free Report)’s stock price gapped down prior to trading on Wednesday . The stock had previously closed at $13.97, but opened at $13.3960. Suncorp Group shares last traded at $13.3960, with a volume of 2,370 shares traded.
Analysts Set New Price Targets
Separately, Zacks Research upgraded shares of Suncorp Group from a “strong sell” rating to a “hold” rating in a research report on Friday, August 14th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Suncorp Group has a consensus rating of “Hold”.
Read Our Latest Stock Report on Suncorp Group
Suncorp Group Stock Performance
Suncorp Group Company Profile
Suncorp Group Limited is an Australia-based insurance company headquartered in Brisbane, Queensland. The group provides general insurance products and services to individuals, businesses and government-related customers in Australia and New Zealand.
Its Australian operations offer products including home, motor, commercial, workers’ compensation and compulsory third-party insurance. Suncorp markets insurance through brands such as AAMI, GIO, Apia, Shannons and Suncorp Insurance. In New Zealand, the group operates through brands including Vero and AA Insurance, providing personal and commercial general insurance products.
Suncorp was formed in 1996 through the merger of Suncorp, Metway Bank and the Queensland Industry Development Corporation.
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