Chubb Limited (CB) Receives a Buy from Wells Fargo


Wells Fargo analyst Elyse Greenspan maintained a Buy rating on Chubb Limited (CB) today and set a price target of $165. The company’s shares opened today at $146.74.

According to TipRanks.com, Greenspan is a 4-star analyst with an average return of 6.6% and a 66.7% success rate. Greenspan covers the Financial sector, focusing on stocks such as American International Group, Marsh & Mclennan Companies, and AXA Equitable Holdings Inc.

Currently, the analyst consensus on Chubb Limited is a Hold with an average price target of $155.40.

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The company has a one-year high of $152.29 and a one-year low of $119.54. Currently, Chubb Limited has an average volume of 1.37M.

Based on the recent corporate insider activity of 101 insiders, corporate insider sentiment is negative on the stock. Last month, Sean Ringsted, the EVP, Chief Risk Officer and* of CB sold 13,648 shares for a total of $1,986,603.

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. operates as 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.

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