Insurance Australia Group Limited (IAUGF) Receives a Hold from Goldman Sachs
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 11 2025
0mins
Should l Buy ?
Source: Business Insider
Analyst Rating and Performance: Julian Braganza from Goldman Sachs has a Hold rating on Insurance Australia Group Limited (IAUGF) with a price target of A$8.15, while the current analyst consensus is a Moderate Buy with an average price target of $5.40.
Financial Results: For the quarter ending June 30, Insurance Australia Group reported a revenue of $8.14 billion and a net profit of $491 million, showing significant growth compared to last year's revenue of $4.61 billion and net profit of $364 million.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
