Morgan Stanley Remains a Buy on Chubb Limited (CB)


Morgan Stanley analyst Kai Pan maintained a Buy rating on Chubb Limited (CB) today and set a price target of $153. The company’s shares closed yesterday at $127.57.

According to TipRanks.com, Pan is a 3-star analyst with an average return of 2.9% and a 56.3% success rate. Pan covers the Financial sector, focusing on stocks such as American International Group, Marsh & Mclennan Companies, and Renaissancere Holdings Ltd.

Currently, the analyst consensus on Chubb Limited is a Strong Buy with an average price target of $161.

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The company has a one-year high of $157.50 and a one-year low of $120.50. Currently, Chubb Limited has an average volume of 1.59M.

Based on the recent corporate insider activity of 86 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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