BofA Securities analyst Joshua Shanker downgraded Chubb Limited CB to Underperform from Neutral, while raising the price target to $275 from $264.
Chubb (CB) closed the most recent trading day at $291.33, moving -0.27% from the previous trading session.
Chubb (CB) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Chubb (CB) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
The latest trading day saw Chubb (CB) settling at $290, representing a -0.72% change from its previous close.
CB's market-leading position, strategic initiatives, solid capital position and better return on capital pave the way for long-term growth.
This insurer was Buffett's secret stock earlier this year, and it's easy to see why he was so interested.
In the most recent trading session, Chubb (CB) closed at $291.32, indicating a +0.85% shift from the previous trading day.
Chubb (CB) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Chubb (CB) closed at $292.20 in the latest trading session, marking a +1.63% move from the prior day.
Warren Buffett knows the insurance industry extremely well. Some insurers underwrite more prudently than others.
Chubb had strong Q2 results despite spike in benefit payouts, and shows signs of future growth potential. Lackluster dividend yield under 2% but proven dividend growth and $0.91/share quarterly payout that appears sustainable. Chubb is slightly undervalued vs key peers.