Insurance Australia Group Limited (OTCMKTS:IAUGY – Get Free Report)’s stock price gapped up prior to trading on Thursday . The stock had previously closed at $25.85, but opened at $28.6250. Insurance Australia Group shares last traded at $28.6250, with a volume of 691 shares traded.
Analyst Upgrades and Downgrades
Separately, Zacks Research raised shares of Insurance Australia Group to a “hold” rating in a report on Tuesday, May 19th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the company currently has a consensus rating of “Hold”.
Check Out Our Latest Stock Analysis on Insurance Australia Group
Insurance Australia Group Price Performance
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.
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