Chubb Corporation (The) (CB) Shares are Down -0.45%

Chubb Corporation (The) (CB) has risen sharply, recording gains of 0.52% in the past 4 weeks. However, the stock has corrected -0.45% in the past 1 week, providing a good buying opportunity on dips. Chubb Corporation (The) (CB) : Traders are bullish on Chubb Corporation (The) (CB) as it has outperformed the S&P 500 by a wide margin of 0.73% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.21%, relative to the S&P 500.

For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 0.14% and the fifty day Moving Average is 0.91%. Chubb Limited has dropped 1.03% during the last three month period . Year-to-Date the stock performance stands at 8.36%.

Chubb Corporation (The) (CB) : The most positive equity analysts on Chubb Corporation (The) (CB) expects the shares to touch $141, whereas, the least positive believes that the stock will trade at $126 in the short term. The company is covered by 10 Wall Street Brokerage Firms. The average price target for shares are $133.8 with an expected fluctuation of $5.25 from the mean.


Chubb Corporation (The) (NYSE:CB): On Fridays trading session , Opening price of the stock was $126.31 with an intraday high of $126.97. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $125.26. However, the stock managed to close at $125.91, a loss of 0.12% for the day. On the previous day, the stock had closed at $126.06. The total traded volume of the day was 987,615 shares.

The Chubb Corporation is a holding company with subsidiaries principally engaged in the property and casualty insurance business. The property and casualty insurance subsidiaries (the P&C Group) underwrite insurance in the United States, Canada, Europe, Australia and parts of Latin America and Asia. The P&C Group operates through three business units: Chubb Personal Insurance, offers personal insurance products for homes and valuable articles (such as art and jewelry) for high net worth individuals; Chubb Commercial Insurance, offers multiple peril, primary liability, excess and umbrella liability, automobile, workers compensation and property and marine insurance, and Chubb Specialty Insurance, offers specialized professional liability products for privately held and publicly traded companies, financial institutions, professional firms, healthcare and not-for-profit organizations.

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