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In addition to Bell Potter, QBE Insurance Group Limited also received a Hold from Jefferies's Simon Fitzgerald in a report issued on February 7. However, today, Macquarie maintained a Buy rating on QBE Insurance Group Limited (Other OTC: QBEIF).
Based on QBE Insurance Group Limited's latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $10.86 billion and a net profit of $802 million. In comparison, last year the company earned a revenue of $10.18 billion and had a net profit of $375 million