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According to TipRanks, Pittaway is a 3-star analyst with an average return of 1.7% and a 55.91% success rate. Pittaway covers the Financial sector, focusing on stocks such as Insurance Australia Group Limited, Challenger Limited, and Computershare Limited.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Insurance Australia Group Limited with a $5.55 average price target, implying a -0.89% downside from current levels. In a report released on February 7, Jefferies also upgraded the stock to a Buy with a A$9.95 price target.
Based on Insurance Australia Group Limited's latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $8.14 billion and a net profit of $491 million. In comparison, last year the company earned a revenue of $4.61 billion and had a net profit of $364 million