QBE Insurance Group (ASX:QBE) is set for a "strong" 2025 result, which could support further share price gains, according to a Thursday Reuters report citing Citi.
Citi analyst Nigel Pittaway sees only limited risk of a first-half catastrophe allowance overrun, with foreign exchange gains and robust investment returns boosting earnings.
The firm maintained QBE's buy rating but lifted its price target to AU$26.10.
Shares of the company rose 2% in recent Thursday trade.