Insurance Australia Group Limited (OTCMKTS:IAUGY – Get Free Report) gapped up before the market opened 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 trading hands.
Wall Street Analyst Weigh In
Separately, The Goldman Sachs Group raised shares of Insurance Australia Group to a “buy” rating in a research note on Wednesday, June 24th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy”.
Get Our Latest Analysis on Insurance Australia Group
Insurance Australia Group Stock Performance
Insurance Australia Group Company Profile
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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