Favourable Backdrop Prevails For AUB Group
Insurance broker AUB Group is enjoying a favourable environment for commercial insurance premium rates, recently issuing a modest upgrade to guidance.
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Aub Group Limited
Since our inception in 1985, we committed ourselves to safeguarding a stronger future for clients, partners, employees and shareholders – and we stand by that commitment today.
We’re building our company by placing clients at the heart of everything we do – providing products, services and solutions that help protect them from harm, damage and financial burden. Our partners and advisors provide trusted support and guidance to clients on the optimal combination of physical, people and financial risk solutions.
Our approach is backed by the same commitment to high-quality service that we’ve had from the start. Our services are designed to help our partners and operate safely, manage the business more profitably and achieve better outcomes for clients.
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Analyst Views
AUB – Macquarie rates the stock as Outperform
Macquarie says management's new five-year EPS targets sharply exceed the broker's. Outperform and $25.52 target retained.
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AUB – Credit Suisse rates the stock as Outperform
Outperform rating maintained. Target is $25.70.
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AUB – Macquarie rates the stock as Outperform
The broker retains Outperform and a $25.52 target.
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AUB – Macquarie rates the stock as Outperform
The broker retains Outperform and a $25.52 target.
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AUB – Credit Suisse rates the stock as Outperform
AUB Group's net profit at $30.7m was up 44% versus last year and 14% ahead of Credit Suisse's forecast. Outperform retained. Target rises to $20 from $18.40.
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