CNA Financial Corp. (CNA) Announces Quarterly Results
CNA Financial Corp. (NYSE:CNA) issued its quarterly earnings data on Monday. The company reported $1.00 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.74 by $0.26, ARN reports.
A number of research firms have recently commented on CNA. Analysts at Zacks downgraded shares of CNA Financial Corp. from an “outperform” rating to a “neutral” rating in a research note to investors on Tuesday, October 22nd. They now have a $41.90 price target on the stock. On a related note, analysts at TheStreet upgraded shares of CNA Financial Corp. from a “hold” rating to a “buy” rating in a research note to investors on Tuesday, October 22nd. Finally, analysts at TheStreet upgraded shares of CNA Financial Corp. from a “hold” rating to a “buy” rating in a research note to investors on Monday, October 14th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $39.30.
CNA Financial Corp. (NYSE:CNA) opened at 39.69 on Monday. CNA Financial Corp. has a 52-week low of $25.95 and a 52-week high of $37.48. The stock has a 50-day moving average of $35.8 and a 200-day moving average of $33.75. The company has a market cap of $10.704 billion and a price-to-earnings ratio of 16.33.
CNA Financial Corporation (NYSE:CNA) is an insurance holding company.
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