Chubb Limited (CB) Gets a Sell Rating from Deutsche Bank


In a report released today, Joshua Shanker from Deutsche Bank maintained a Sell rating on Chubb Limited (CB), with a price target of $123. The company’s shares closed yesterday at $133.51.

According to TipRanks.com, Shanker is a 4-star analyst with an average return of 7.8% and a 60.1% success rate. Shanker covers the Financial sector, focusing on stocks such as American International Group, Renaissancere Holdings Ltd, and Aspen Insurance Holdings.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Chubb Limited with a $161 average price target.

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Chubb Limited’s market cap is currently $61.56B and has a P/E ratio of 12.17. The company has a Price to Book ratio of 1.21.

Based on the recent corporate insider activity of 89 insiders, corporate insider sentiment is negative on the stock. Most recently, in September 2018, Timothy Alan Boroughs, the EVP* of CB sold 14,971 shares for a total of $2,086,508.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Chubb Ltd. is a holding company, which engages in the provision of commercial and personal property and casualty insurance, personal accident and supplemental health insurance (A&H), reinsurance, and life insurance. It operates through the following geographical segments: North America Commercial P&C Insurance, North America Personal P&C Insurance, North America Agricultural Insurance, Overseas General Insurance, Global Reinsurance, and Life Insurance. The company was founded on January 14, 2016 and is headquartered in Zurich, Switzerland.

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