Risk factor
Low default risk
Profitability factor
Strong margins and returns
About
Insurance Australia Group Limited underwrites general insurance products and provides investment management services in Australia and New Zealand. It offers personal and commercial insurance products, including bicycle, comprehensive motor, commercial and motor fleet, commercial property and liability, construction and engineering, consumer credit, compulsory third party, directors and officers, extended warranty, farm, crop, livestock, home and...
Company Valuation
From both historical and forecast perspectives, the stock is fairly priced compared to similar stocks. Specifically, the stock is fairly valued on P/E, undervalued on EV/
Target Price
The average target price of IAG.AX is 8.5 and suggests 7% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendation
