Chubb Corporation (The) (CB) : 9 brokerage houses believe that Chubb Corporation (The) (CB) is a Strong Buy at current levels. 4 Analyst considers the fundamentals to be worthy of a Buy recommendation. 2 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Chubb Corporation (The) (CB). Zacks Investment Research suggests a Hold with a rank of 3. 1 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 16 Wall Street Analysts endorse the stock as a Buy with a rating of 1.72.
Chubb Corporation (The) (CB) : The highest level Chubb Corporation (The) (CB) is projected to reach is $141 for the short term and the lowest estimate is at $112. The consolidated price target from 13 rating analysts who initiate coverage on the stock is $131.23 and the possibility the share price can swing is $8.68.
For the current week, the company shares have a recommendation consensus of Buy.
Chubb Corporation (The) (NYSE:CB): The stock opened at $130.80 on Tuesday but the bulls could not build on the opening and the stock topped out at $130.80 for the day. The stock traded down to $129.37 during the day, due to lack of any buying support eventually closed down at $129.64 with a loss of -0.24% for the day. The stock had closed at $129.95 on the previous day. The total traded volume was 1,763,599 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.