Wells Fargo Keeps a Buy Rating on Chubb Limited (CB)


In a report released yesterday, Elyse Greenspan from Wells Fargo reiterated a Buy rating on Chubb Limited (NYSE: CB). The company’s shares closed yesterday at $138.65.

According to TipRanks.com, Greenspan is a 4-star analyst with an average return of 5.7% and a 66.7% success rate. Greenspan covers the Financial sector, focusing on stocks such as American International Group, Marsh & Mclennan Companies, and Renaissancere Holdings Ltd.

Chubb Limited has an analyst consensus of Strong Buy, with a price target consensus of $170.

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Chubb Limited’s market cap is currently $64.26B and has a P/E ratio of 16.95. The company has a Price to Book ratio of 1.26.

Based on the recent corporate insider activity of 86 insiders, corporate insider sentiment is negative on the stock.

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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