Wells Fargo analyst Elyse Greenspan maintained a Buy rating on Chubb Limited (CB) today and set a price target of $160. The company’s shares opened today at $133.59.
According to TipRanks.com, Greenspan is a 3-star analyst with an average return of 1.9% and a 53.6% success rate. Greenspan covers the Financial sector, focusing on stocks such as American International Group, Marsh & Mclennan Companies, and Renaissancere Holdings Ltd.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Chubb Limited with a $148.50 average price target, an 11.2% upside from current levels. In a report issued on January 9, Barclays also maintained a Buy rating on the stock with a $160 price target.
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Chubb Limited’s market cap is currently $61.26B and has a P/E ratio of 12.11. The company has a Price to Book ratio of 1.20.
Based on the recent corporate insider activity of 91 insiders, corporate insider sentiment is negative on the stock.
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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.
