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Cincinnati Financial Corporation (NASDAQ:CINF) has been downgraded to Hold in a report by Zacks Investment Research today.

Yesterday Cincinnati Financial Corporation (NASDAQ:CINF) traded -0.17% lower at $69.87. The company’s 50-day moving average is $72.54 and its 200-day moving average is $73.23. The last closing price is down -4.52% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time. 70,526 shares of the stock were exchanged, down from an average trading volume of 514,684

Zacks Investment Research has downgraded Cincinnati Financial Corporation (NASDAQ:CINF) to Hold in a report released on Thursday April 20, 2017.

Previously on 3/14/2017, Zacks Investment Research reported on Cincinnati Financial Corporation (NASDAQ:CINF) raised the target price from $0.00 to $83.00. At the time, this indicated a possible upside of 0.12%.

See Chart Below

Cincinnati Financial Corporation (NASDAQ:CINF)

Cincinnati Financial Corporation has a PE ratio of 19.70 with a one year low of $63.87 and a one year high of $79.60 Cincinnati Financial Corporation’s market capitalization is presently $0.

In addition to Zacks Investment Research reporting its stock price target, a total of 4 brokerages have issued a ratings update on the company. The average stock price target is $66.00 with 0 brokerages rating the stock a strong buy, 0 analysts rating the company a buy, zero analysts rating the company a hold, zero analysts rating the company a underperform, and lastly zero analysts rating the company a sell.

More About Cincinnati Financial Corporation (NASDAQ:CINF)

Cincinnati Financial Corporation is an insurance holding company. It operates through five segments: Commercial lines insurance, Personal lines insurance, Excess and surplus lines insurance, and Life insurance and Investments. Its Commercial Lines Insurance Segment provides five commercial business lines: commercial casualty, commercial property, commercial auto, workers' compensation and other commercial lines. Its personal lines property insurance segment writes personal lines coverage in accounts that include both auto and homeowner coverages, as well as coverages that are part of its other personal business line. The excess and surplus lines Insurance segment covers business risks with characteristics, such as the nature of the business or its claim history that are difficult to profitably insure in the standard commercial lines market. The life insurance business lines include term life insurance, universal life insurance, worksite products and whole life insurance.

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