Suncorp Group (OTCMKTS:SNMCY) Trading 0.1% Higher – Time to Buy?

Suncorp Group Limited (OTCMKTS:SNMCYGet Free Report) was up 0.1% during mid-day trading on Thursday . The company traded as high as $13.35 and last traded at $13.16. Approximately 52,438 shares traded hands during trading, a decline of 51% from the average session volume of 106,392 shares. The stock had previously closed at $13.15.

Analysts Set New Price Targets

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

Check Out Our Latest Research Report on SNMCY

Suncorp Group Stock Performance

The firm has a fifty day moving average price of $12.92 and a two-hundred day moving average price of $12.03. The stock has a market capitalization of $14.36 billion and a P/E ratio of 34.33.

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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