ASX:IAG

Insurance Australia Group is under Algo Engine buy conditions and has been added into our ASX model portfolio.

Insurance Australia Group pre-released guidance and announced its expectations for FY21E cash earnings of A$747mn and guided to low single-digit growth in FY22E.

IAG trades on a forward dividend yield of 3.8%.

Buy IAG with a stop loss @ $4.70

6/8 Update: IAG now trading $5.00

9/8 Update: IAG is trading $5.20 after Suncorp released strong earnings today.

Insurance Australia Group pre-released guidance and announced its expectations for FY21E cash earnings of A$747mn and guided to low single-digit growth in FY22E.

IAG trades on a forward dividend yield of 3.8%.

Buy IAG with a stop loss @ $4.70

6/8 Update: IAG now trading $5.00

Insurance Australia Group pre-released guidance and announced its expectations for FY21E cash earnings of A$747mn and guided to low single-digit growth in FY22E.

IAG trades on a forward dividend yield of 3.8%.

Buy IAG with a stop loss @ $4.70

IAG:ASX is a potential counter-trend recovery trade that’s now on our radar.

6/5 Since writing the above post IAG has continued to move higher.

31/5 Short-term investors may stick with the position as long as the price activity remains above the 10-day average.

IAG:ASX is a potential counter-trend recovery trade that’s now on our radar. We add this to the list which also includes CIM & A2M.

6/5 Since writing the above post IAG has continued to move higher. Short-term investors may stick with the position as long as the price activity remains above the 10-day average.

IAG:ASX is a potential counter-trend recovery trade that’s now on our radar. We add this to the list which also includes CIM & A2M.

Insurance Australia Group is under Algo Engine buy conditions and is a current holding in our ASX 100 model portfolio.

We see buying support increasing at the $5.50 support level and the short-term momentum indicators have now turned positive.

Insurance Australia Group looks oversold at $6.60. The insurers are out of favour and have been dumped from portfolios.

IAG is a preferred value recovery play within the sector.

Accumulate IAG within the $6.50 – $6.75 range.

Insurance Australia Group is under Algo Engine buy conditions and is a current holding in our ASX 100 model portfolio.

We see price support for IAG at $7.50