Suncorp Group (OTCMKTS:SNMCY) Reaches New 1-Year High – Here’s What Happened

Shares of Suncorp Group Limited (OTCMKTS:SNMCYGet Free Report) hit a new 52-week high on Thursday . The stock traded as high as $15.66 and last traded at $15.20, with a volume of 34437 shares traded. The stock had previously closed at $14.05.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded Suncorp Group from a “strong sell” rating to a “hold” rating in a research note on Friday, August 14th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company presently has a consensus rating of “Hold”.

Get Our Latest Stock Analysis on Suncorp Group

Suncorp Group Stock Performance

The stock’s 50 day simple moving average is $13.40 and its 200-day simple moving average is $12.32.

Suncorp Group Company Profile

(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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