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 $28.17, but opened at $29.23. Insurance Australia Group shares last traded at $29.23, with a volume of 263 shares.
Analysts Set New Price Targets
Separately, The Goldman Sachs Group upgraded shares of Insurance Australia Group to a “buy” rating in a report on Wednesday, June 24th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.
Read Our Latest Research Report on Insurance Australia Group
Insurance Australia Group Trading Up 3.8%
About Insurance Australia Group
Insurance Australia Group Limited (OTCMKTS:IAUGY) is a general insurance company headquartered in Australia. It provides insurance products that help individuals, businesses and organizations manage risks associated with property, vehicles, liability and other assets.
In Australia, IAG operates through well-known brands including NRMA Insurance, CGU and WFI. Its offerings include personal insurance products such as motor, home and travel coverage, as well as commercial insurance for small businesses, corporations and specialist industries.
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