Insurance Australia Group Limited (OTCMKTS:IAUGY – Get Free Report) gapped down prior to trading on Tuesday . The stock had previously closed at $30.56, but opened at $28.5020. Insurance Australia Group shares last traded at $29.7499, with a volume of 383 shares.
Analyst Upgrades and Downgrades
Separately, Zacks Research upgraded shares of Insurance Australia Group to a “hold” rating in a research note on Tuesday, May 19th. One analyst has rated the stock with a Hold rating, According to MarketBeat, the stock presently has a consensus rating of “Hold”.
Read Our Latest Report on IAUGY
Insurance Australia Group Stock Performance
Insurance Australia Group Company Profile
Insurance Australia Group (OTCMKTS:IAUGY) is a leading general insurance underwriter headquartered in Sydney, Australia. The company provides a broad range of personal and commercial insurance products, including home, motor, travel, business and liability coverage. IAG serves individual policyholders, small to mid-sized enterprises and large corporate clients through a diversified distribution network of brokers, direct sales, affinity partnerships and digital channels.
Formed in 2000 through the merger of several Australian and New Zealand insurers, IAG has since grown to become the largest general insurer in its home markets.
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