Loews Corporation (L) Shares are Down -0.05%

Loews Corporation (L) has risen sharply, recording gains of 0.24% in the past 4 weeks. However, the stock has corrected -0.05% in the past 1 week, providing a good buying opportunity on dips. Loews Corporation (L) : Traders are bullish on Loews Corporation (L) as it has outperformed the S&P 500 by a wide margin of 0.45% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.61%, relative to the S&P 500.

Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 0.72% and the fifty day Moving Average is 1.52%. Loews Corporation is up 1.92% in the last three month period. Year-to-Date the stock performance stands at 8.25%.

Loews Corporation (L) : 2 investment research analysts covering Loews Corporation (L) have an average price target of $40 for the near short term. The highest target price given by the Brokerage Firm to the stock is $42 and the lowest target is $38 for the short term. Analysts expect the variance to be within $2.83 of the average price.


Loews Corporation (NYSE:L): On Fridays trading session , Opening price of the stock was $41.87 with an intraday high of $41.99. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $41.27. However, the stock managed to close at $41.43, a loss of 0.72% for the day. On the previous day, the stock had closed at $41.73. The total traded volume of the day was 683,016 shares.

Loews Corporation is a holding company. The Company, through its subsidiaries, is engaged in commercial property and casualty insurance; operation of offshore oil and gas drilling rigs; transportation and storage of natural gas and natural gas liquids and gathering and processing of natural gas, and operation of a chain of hotels. The Companys subsidiaries include CNA Financial Corporation (CNA); Diamond Offshore Drilling, Inc. (Diamond Offshore); Boardwalk Pipeline Partners, LP (Boardwalk Pipeline), and Loews Hotels Holding Corporation (Loews Hotels). CNAs insurance products primarily include commercial property and casualty coverages, including surety. Diamond Offshore is engaged in the business of operating drilling rigs. Boardwalk Pipeline is engaged in natural gas and natural gas liquids transportation and storage and natural gas gathering and processing. The subsidiaries of Loews Hotels Holding Corporation operate a chain of 21 hotels.

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