Insurance Australia Group (OTCMKTS:IAUGY – Get Free Report) was upgraded by equities researchers at Zacks Research to a “hold” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.
Insurance Australia Group Stock Performance
IAUGY stock opened at $27.89 on Tuesday. The company’s 50 day simple moving average is $25.77 and its 200-day simple moving average is $25.71. Insurance Australia Group has a 12 month low of $21.58 and a 12 month high of $29.28.
About Insurance Australia Group
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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