UBS keeps AUD 9.10 target for Insurance Australia Group stock

Published on 10/15/2026 at 20:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue rose 10.00 percent in fiscal 2026. Insurance Australia Group stock costs EUR 5.25 on October 15, 2026, up 2.17 percent on ASX.

Analyst target before October 22

On October 14, UBS maintained its Buy rating and AUD 9.10 target for Insurance Australia Group.
Fiscal 2026 revenue rose 10.00 percent to AUD 19.2 billion.
Insurance Australia Group stock costs EUR 5.25 at Lang & Schwarz on October 15, 2026 at 8:49 p.m. CEST, up 2.17 percent on the ASX.
The annual general meeting is scheduled for October 22, 2026.

IAG, AU000000IAG3, Illustration mit AI erstellt.

UBS maintained its Buy rating on Insurance Australia Group and kept its AUD 9.10 price target in a report dated October 14, 2026, according to Markets Insider. The target is AUD 0.62 above IAG's ASX price of AUD 8.48 on October 15, 2026, a distance of 7.31 percent. Insurance Australia Group stock was trading at EUR 5.25 at Lang & Schwarz on October 15, 2026 at 8:49 p.m. CEST, up 2.17 percent on the ASX versus its AUD 8.30 prior close.

Fiscal 2026 revenue rose 10 percent

Insurance Australia Group reported fiscal 2026 revenue of AUD 19.2 billion, up 10.00 percent from fiscal 2025. Net income reached AUD 1.02 billion, down 25.00 percent from the prior fiscal year, according to Simply Wall St. The figures cover the fiscal year ended June 30, 2026.

Stock sits below its yearly high

The ASX price of AUD 8.48 on October 15, 2026 stood AUD 0.24 below the 52-week high of AUD 8.72 and 32.86 percent above the 52-week low of AUD 6.39. The distance to the high was 2.75 percent. Trading volume was 5,095,255 shares against an average of 4,780,998 shares on the same date.

Valuation and the October meeting

Insurance Australia Group had a market capitalization of AUD 19.8 billion, a P/E ratio of 19.72 and a dividend yield of 4.00 percent as of October 15, 2026. The company underwrites general insurance products in Australia and New Zealand. Its annual general meeting is scheduled for October 22, 2026, a date listed by Simply Wall St.

Comparison with peers

IAG (ASX, AUD): plus 2.17 percent, P/E 19.72, market capitalization AUD 19.8 billion

QBE (ASX, AUD): plus 2.74 percent, P/E 12.52, market capitalization AUD 38.7 billion

Suncorp (ASX, AUD): plus 2.15 percent, P/E 21.43, market capitalization AUD 20.7 billion

Euro price after the ASX session

The euro quotation gives German investors a separate view of the Australian insurer after the ASX session. The AUD 8.48 ASX price and the EUR 5.25 Lang & Schwarz quotation describe different venues and currencies.

The further course of trading is shown by the continuously updated real-time quote of Insurance Australia Group stock.