Suncorp is a well-capitalised bancassurer with exposure to general insurance and banking markets.
We are looking forward to Suncorp Group’s annual investor day on June 1, 2017, for the Brisbane-based financial services group to provide an update on its revamped strategy and outlook. Despite the hype, we do not expect major changes to our long-term view. Our AUD 12 fair value estimate is unchanged, and at current prices, the firm is overvalued, trading 16% above our valuation. Our unchanged fiscal 2017 cash profit forecast of AUD 1.17 billion is modestly higher than fiscal 2016 and in line wi...Suncorp Group is engaged in the general insurance, banking, life insurance, superannuation products and related services to the retail, corporate and commercial sectors. Co.'s segments are: Personal Insurance, which include home and contents insurance, motor insurance and travel insurance; Commercial Insurance, which include commercial motor insurance, commercial property insurance and marine insurance; General Insurance, which include home and contents insurance, motor insurance, marine insurance; Bank, which include personal and commercial banking; and Life, which include financial planning and funds administration services.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.