---
title: "Citi Keeps Their Buy Rating on QBE Insurance Group Limited (QBEIF)"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285641926.md"
description: "Citi analyst Nigel Pittaway has maintained a Buy rating on QBE Insurance Group Limited (QBEIF) with a price target of A$23.80. Pittaway, a 4-star analyst, has an average return of 5.5% and a 60.76% success rate. QBE also received a Buy rating from Macquarie’s Andrew Buncombe on May 5, although Macquarie downgraded it to a Hold on April 24."
datetime: "2026-05-08T00:40:05.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285641926.md)
  - [en](https://longbridge.com/en/news/285641926.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285641926.md)
---

# Citi Keeps Their Buy Rating on QBE Insurance Group Limited (QBEIF)

Citi analyst Nigel Pittaway maintained a Buy rating on QBE Insurance Group Limited today and set a price target of A$23.80.

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According to TipRanks, Pittaway is a 4-star analyst with an average return of 5.5% and a 60.76% success rate. Pittaway covers the Financial sector, focusing on stocks such as QBE Insurance Group Limited, Challenger , and AMP .

In addition to Citi, QBE Insurance Group Limited also received a Buy from Macquarie’s Andrew Buncombe in a report issued on May 5. However, on April 24, Macquarie downgraded QBE Insurance Group Limited (Other OTC: QBEIF) to a Hold.

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- [Ord Minnett Sticks to Their Buy Rating for QBE Insurance Group Limited (QBEIF)](https://longbridge.com/en/news/285869321.md)
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