Chubb Corp. Sets New 1-Year High at $91.41 (CB)
Chubb Corp. (NYSE:CB) set a new 52-week high during trading on Wednesday, Analyst RN reports. The stock traded as high as $91.41 and last traded at $91.06, with a volume of 476,256 shares. The stock had previously closed at $89.76.
CB has been the subject of a number of recent research reports. Analysts at Zacks reiterated an “outperform” rating on shares of Chubb Corp. in a research note to investors on Friday, October 11th. They now have a $107.00 price target on the stock. Finally, analysts at Deutsche Bank downgraded shares of Chubb Corp. from a “buy” rating to a “hold” rating in a research note to investors on Monday, August 5th. They now have a $83.00 price target on the stock, down previously from $94.00. Twelve research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Chubb Corp. currently has an average rating of “Hold” and a consensus price target of $93.29.
Chubb Corp. has a 52-week low of $73.22 and a 52-week high of $91.42. The stock’s 50-day moving average is $87.90 and its 200-day moving average is $87.19. The company has a market cap of $23.354 billion and a P/E ratio of 12.76.
Chubb Corp. (NYSE:CB) last released its earnings data on Thursday, July 25th. The company reported $1.77 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.62 by $0.15. The company had revenue of $3.00 billion for the quarter, compared to the consensus estimate of $3.19 billion. During the same quarter in the previous year, the company posted $1.37 earnings per share. On average, analysts predict that Chubb Corp. will post $7.61 earnings per share for the current fiscal year.
The Chubb Corporation (NYSE:CB) is a holding company for a family of property and casualty insurance companies known as the Chubb Group of Insurance Companies (the P&C Group).
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