CNA Financial Corp. Sets New 1-Year High at $37.43 (CNA)
CNA Financial Corp. (NYSE:CNA) set a new 52-week high during mid-day trading on Thursday, ARN reports. The stock traded as high as $37.43 and last traded at $37.02, with a volume of 75,214 shares. The stock had previously closed at $37.03.
CNA has been the subject of a number of recent research reports. Analysts at William Blair initiated coverage on shares of CNA Financial Corp. (NYSE:CNA) in a research note to investors on Thursday. They set an “outperform” rating on the stock. They noted that the move was a valuation call. Separately, analysts at TheStreet downgraded shares of CNA Financial Corp. (NYSE:CNA) from a “buy” rating to a “hold” rating in a research note to investors on Wednesday, September 4th. Finally, analysts at Deutsche Bank initiated coverage on shares of CNA Financial Corp. (NYSE:CNA) in a research note to investors on Wednesday, September 4th. They set a “buy” rating and a $42.00 price target on the stock. They noted that the move was a valuation call.
Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $38.03.
CNA Financial Corp. has a one year low of $26.54 and a one year high of $37.07. The stock’s 50-day moving average is $35.71 and its 200-day moving average is $33.69. The company has a market cap of $9.922 billion and a P/E ratio of 15.24.
CNA Financial Corp. (NYSE:CNA) last announced its earnings results on Monday, July 29th. The company reported $0.72 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.70 by $0.02. During the same quarter last year, the company posted $0.62 earnings per share. Analysts expect that CNA Financial Corp. will post $3.05 EPS for the current fiscal year.
CNA Financial Corporation (NYSE:CNA) is an insurance holding company.
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