2340 GMT - AUB Group's bulls at Macquarie stay positive given apparent resilience in the insurance broker's premium-rate pricing. Resuming coverage of the stock with an outperform rating, Macquarie's analysts highlight what looks like better pricing trends relative to peers including Steadfast. They point out that AUB management says they haven't seen the softening observed elsewhere, with client and product mix among the possible explanations. The Macquarie analysts tell clients in a note that AUB's commentary and medium-term contracts imply potential upside to their forecasts from fiscal 2027 onwards. Macquarie puts a A$37.40 target price on the stock, which is down 1.4% at A$31.115. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
December 02, 2025 18:40 ET (23:40 GMT)
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