Outperform rating retained for Steadfast Group as the broker concludes premium rate increases continue to support the investment
case.
Target price remains unchanged at $4.30.
Sector: Insurance.
Target price is $4.30.Current Price is $4.04. Difference: $0.26 – (brackets indicate current price is over target). If SDF meets the Macquarie target it will return approximately 6% (excluding dividends, fees and charges – negative figures indicate an expected loss).
