Shares of Suncorp Group Limited (OTCMKTS:SNMCY – Get Free Report) gapped up before the market opened on Thursday. The stock had previously closed at $13.47, but opened at $14.03. Suncorp Group shares last traded at $13.7450, with a volume of 911 shares trading hands.
Analyst Upgrades and Downgrades
Separately, Zacks Research lowered Suncorp Group from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 8th. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the company has an average rating of “Sell”.
Check Out Our Latest Stock Report on SNMCY
Suncorp Group Trading Up 2.5%
Suncorp Group Company Profile
Suncorp Group Limited is an Australian general insurance company serving customers in Australia and New Zealand. The company provides personal and commercial insurance products, including coverage for homes, motor vehicles, businesses, farms, travel and other property and liability risks.
Suncorp operates through a portfolio of well-known insurance brands, including Suncorp, AAMI, GIO, Apia, Shannons and Vero in Australia, as well as AA Insurance in New Zealand. Its offerings are distributed through direct channels, brokers, financial institutions and other business partners.
The company was formed in 1996 through the merger of Suncorp, Metway Bank and the Queensland Industry Development Corporation.
Read More
- Five stocks we like better than Suncorp Group
- Synopsys Signals Confidence With $1B Accelerated Buyback, Analysts Raise Targets
- Domino’s Pizza: As Cheap As It Gets, Nowhere to Go But Up
- Apple Cut iPhone 18 Orders; What Does It Mean For Suppliers?
- Failed Breakout in Tech? 3 Sectors Leading the Market Rotation
Receive News & Ratings for Suncorp Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Suncorp Group and related companies with MarketBeat.com's FREE daily email newsletter.
