Chubb Corporation (The) (NYSE:CB) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.72 by 16 Brokerage Firm. 9 Wall Street Firms have rated the stock as a strong buys. 4 stock experts have also suggested a buy rating. 2 Brokerage Firms have advised hold. 1 Analysts have rated it as strong sell.
Other Equity analysts have also commented on the company shares. Equity Analysts at the Deutsche Bank maintains the rating on Chubb Corporation (The) (NYSE:CB). The brokerage firm has issued a Hold rating on the shares. The Analysts at the ratings agency raises the price target from $110 per share to $116 per share. The rating by the firm was issued on May 12, 2016.
Chubb Corporation (The) (NYSE:CB) should head towards $130.39 per share according to 13 Analysts in consensus. However, if the road gets shaky, the stock may fall short to $112 per share. The higher price estimate target is at $140 according to the Analysts.
Chubb Corporation (The) (NYSE:CB) rose 0.63% or 0.78 points on Tuesday and made its way into the gainers of the day. After trading began at $125.33 the stock was seen hitting $125.83 as a peak level and $124.73 as the lowest level. The stock ended up at $125.48. The daily volume was measured at 1,045,611 shares. The 52-week high of the share price is $128.14 and the 52-week low is $96. The company has a market cap of $58,283 million.
Shares of Chubb Limited appreciated by 0.88% during the last five trading days but lost 0.21% on a 4-week basis. Chubb Limited is up 5.05% in the last 3-month period. Year-to-Date the stock performance stands at 7.99%.
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.