Analyst coverage

New research reveals Tower Insurance, "A Tower of Strength" for shareholders – 15 March, 2021

Forsyth Barr MST Access Research has turned its spotlight on Tower Insurance in a new issuer sponsored research report, providing investors with in-depth research and analysis about the Kiwi insurer.

Titled, “A Tower of Strength” this first report finds that Tower is on the cusp of delivering improving returns on equity through a combination of improving operational performance and improving capital management.

The analysts see Tower’s share price building on recent gains and predict further upside based on a NZ$0.96 spot valuation.

Read the report here for more information: Tower - A Tower of Strength (PDF 526KB)

Contact details of analysts following Tower Limited

Tower Limited (Tower) is followed by the analysts at the brokerage firms listed below.

The list may not be complete and is subject to change.

Please note that any opinions, estimates or forecasts regarding Tower’s performance made by the analysts at these brokerage firms are theirs alone and do not represent opinions, forecasts or predictions of Tower or its management. Tower does not by its reference above or distribution imply, and expressly disclaims, any endorsement of or concurrence with any information, estimates, forecasts, opinions, conclusions or recommendations provided by these analysts.

Forsyth Barr
Research Director – Zoie Regan
zoie.regan@forsythbarr.co.nz
www.forsythbarr.co.nz

Macquarie
Analyst – Andrew Buncombe
andrew.buncombe@macquarie.com
www.macquarie.com