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

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

Wall Street Analyst Weigh In

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

Check Out Our Latest Stock Report on SNMCY

Suncorp Group Stock Up 8.2%

The company has a fifty day moving average price of $13.40 and a 200-day moving average price of $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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