Time to Buy Suncorp Group Ltd After Today’s Huge Increase?

 Time to Buy Suncorp Group Ltd After Today's Huge Increase?

The stock of Suncorp Group Ltd (ASX:SUN) is a huge mover today! The stock increased 1.60% or $0.19 on November 18, hitting $12.08. About 2.45M shares traded hands. Suncorp Group Ltd (ASX:SUN) has declined 4.05% since April 22, 2016 and is downtrending. It has underperformed by 8.48% the S&P500.
The move comes after 9 months positive chart setup for the $15.53 billion company. It was reported on Nov, 18 by Barchart.com. We have $18.12 PT which if reached, will make ASX:SUN worth $7.77 billion more.

More notable recent Suncorp Group Ltd (ASX:SUN) news were published by: Fool.com.Au which released: “Is Suncorp Group Ltd the best insurer to own?” on September 15, 2016, also Fool.com.Au with their article: “Why you should take another look at Suncorp Group Ltd” published on August 16, 2016, Fool.com.Au published: “Why Suncorp Group Ltd’s 5.2% dividend could solve your income needs” on August 02, 2016. More interesting news about Suncorp Group Ltd (ASX:SUN) were released by: Fool.com.Au and their article: “Should you buy Suncorp Group Ltd for its market-thumping dividend?” published on July 05, 2016 as well as Fool.com.Au‘s news article titled: “Suncorp Group Ltd shares flat on profit result – Is it a buy?” with publication date: February 11, 2016.

Suncorp Group Limited is engaged in the provision of general insurance, banking, life insurance, superannuation products and related services to the retail, corporate and commercial sectors in Australia and New Zealand. The company has a market cap of $15.53 billion.

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