QBE has kept pace with its peers over the last few years, finally shaking off its serial under performer tag. However, speculating about what lies in store following reports by SUN and IAG is guesswork. Again, we are conscious that the stocks are trading on a stretched valuation and will need to deliver when they front investors.
NB QBE is set to report next week, on the 21st
- We like QBE around the $17-18 level, but this may change after its result.
MM is neutral QBE around $20
Add To Hit List
