Chubb Corporation (The) (CB) Shares are Up 0.14%

Chubb Corporation (The) (CB) : During the past 4 weeks, traders have been relatively bearish on Chubb Corporation (The) (CB), hence the stock is down -1.16% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.03% relative to the S&P 500. The stock has risen by 0.14% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.69% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 0.19% and the 50-Day Moving Average is 0.48%.The 200 Day SMA reached 3.62%


Chubb Corporation (The) (NYSE:CB): After opening at $124.8, the stock dipped to an intraday low of $124.69 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $126.12 and the buying power remained strong till the end. The stock closed at $125.65 for the day, a gain of 1.01% for the day session. The total traded volume was 1,646,157. The stocks close on the previous trading day was $125.65.

Chubb Corporation (The) (CB) has been rated by 10 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $141 and the lowest price target forecast is $126. The average forecast of all the analysts is $133.8 and the expected standard deviation is $5.25.

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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.