Suncorp Group (OTCMKTS:SNMCY) Shares Gap Up – Should You Buy?

Suncorp Group Limited (OTCMKTS:SNMCYGet Free Report)’s share price gapped up prior to trading on Thursday . The stock had previously closed at $13.01, but opened at $13.78. Suncorp Group shares last traded at $13.78, with a volume of 4,964 shares traded.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded shares of Suncorp Group to a “strong sell” rating in a research note on Thursday, July 2nd. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has a consensus rating of “Sell”.

Read Our Latest Stock Report on Suncorp Group

Suncorp Group Stock Performance

The firm has a 50 day simple moving average of $13.26 and a 200 day simple moving average of $12.26.

About Suncorp Group

(Get Free Report)

Suncorp Group is a leading Australian financial services company headquartered in Brisbane, Queensland. The group offers a comprehensive range of insurance, banking and wealth management products to personal, small business and corporate clients. Operating across Australia and New Zealand, Suncorp serves its customers through a network of branches, digital platforms and partnerships with brokers and agents.

The company’s core insurance business provides general insurance cover for motor, home, commercial and specialty lines.

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