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PSC INSURANCE GROUP LIMITED (ASX:PSI) - Share Price Analysis


21.07%
PSC Insurance has entered into agreements to acquire 100% of two UK-based commercial SME broking businesses (subject to approvals by the UK Financial Conduct Authority (FCA). 
The Trust Insurance Services business cost around -$28m and Abaco Insurance Brokers was -$38m. They are to be paid for by around -$49m in cash and the balance in scrip. Macquarie expects them to contribute approximately $1.8m to FY21 earnings (EBITDA).
Outperform and target price is increased to $3.85 from $3.60.
FORECAST
FY21 dividend of
14.50 cents.
FY22 dividend of
16.40 cents. ....

United Kingdom , United Kingdom Financial Conduct Authority , Insurance Services , United Kingdom Based , Trust Insurance Services , Abaco Insurance Brokers , ஒன்றுபட்டது கிஂக்டம் , ஒன்றுபட்டது கிஂக்டம் நிதி நடத்தை அதிகாரம் , காப்பீடு சேவைகள் , ஒன்றுபட்டது கிஂக்டம் அடிப்படையிலானது , நம்பிக்கை காப்பீடு சேவைகள் , அபக காப்பீடு தரகர்கள் ,