A statement released earlier today by Barclays Capital about The Chubb Corporation (NYSE:CB) ups the target price to $139.00
- Updated: September 30, 2016
In a report released on 9/30/2016 Barclays Capital increased the stock price target of The Chubb Corporation (NYSE:CB) from $133.00 to $139.00 indicating a possible upside of 0.10%.
Yesterday The Chubb Corporation (NYSE:CB) traded 1.25% higher at $125.85. The company’s 50-day moving average is $126.09 and its 200-day moving average is $124.60. The last closing price is up 1.07% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 827,685 shares of the stock were exchanged, down from an average trading volume of 1,253,670
With a total market value of $0, The Chubb Corporation has 52 week low of $100.34 and a 52 week high of $131.00 with a P/E ratio of 20.86 .
In addition to Barclays Capital reporting its target price, a total of 21 firms have reported on The Chubb Corporation. The 12-month price target is $130.95 with five analysts rating the company a strong buy, fifteen analysts rating the company a buy, five analysts rating the company a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About The Chubb Corporation (NYSE:CB)
Chubb Limited (Chubb), formerly ACE Limited, is a holding company. The Company, through its subsidiaries, provides a range of insurance and reinsurance products to insureds across the world. The Company's segments include North America Commercial P&C Insurance, North America Personal P&C Insurance, North America Agricultural Insurance, Overseas General Insurance, Global Reinsurance and Life Insurance. It provides traditional and specialty property and casualty (P&C) coverage for industrial, commercial and mid-market companies with claims and risk engineering capabilities to serve companies of various sizes. Its commercial P&C business is focused on various corporate customers that are served by retail brokers, middle market and small commercial companies served by retail independent agents and brokers, and specialty excess and surplus lines distributed through wholesale brokers. On the consumer insurance side, it offers a range of products for individual consumers and their families.
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