Cincinnati Financial Corporation (CINF) : 3 analysts are covering Cincinnati Financial Corporation (CINF) and their average rating on the stock is 3, which is read as a Hold. 1 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. However, 1 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. A total of 1 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Cincinnati Financial Corporation (CINF) : Currently there are 3 street experts covering Cincinnati Financial Corporation (CINF) stock. The most bullish and bearish price target for the stock is $80 and $51 respectively for the short term. The average price target of all the analysts comes to $65.67. The estimated standard deviation from the target is $14.5.
Cincinnati Financial Corporation (NASDAQ:CINF): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $74.31 and $74.18 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $75.23. The buying momentum continued till the end and the stock did not give up its gains. It closed at $75.02, notching a gain of 0.29% for the day. The total traded volume was 622,297 . The stock had closed at $74.80 on the previous day.
The company shares have rallied 42.02% from its 1 Year high price. On Jul 1, 2016, the shares registered one year high at $75.04 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $69.99 and the 200 Day Moving Average price is recorded at $64.30.
Cincinnati Financial Corporation is an insurance holding company. The Company is engaged in the business of property casualty insurance marketed through independent insurance agencies in 39 states. The Company operates through five segments: Commercial lines, Personal lines, Excess and surplus lines, Life insurance and Investments. It operates through its three subsidiaries: The Cincinnati Insurance Company, CSU Producer Resources Inc. and CFC Investment Company. Its market property casualty insurance group includes two of those subsidiaries: The Cincinnati Casualty Company and The Cincinnati Indemnity Company. This group writes a range of business, homeowner and auto policies. Other subsidiaries of The Cincinnati Insurance Company include The Cincinnati Life Insurance Company, which provides life insurance, disability income policies and fixed annuities, and The Cincinnati Specialty Underwriters Insurance Company, which offers excess and surplus lines insurance products.