Brokerage Firm Rating on Chubb Corporation (The) (CB)

Chubb Corporation (The) (CB) : The consensus on Chubb Corporation (The) (CB) based on 15 analyst recommendation on the company stock is 1.77, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 8 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 4 analyst believes that the stock is a Buy, which can produce decent returns in the future. 2 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.

Chubb Corporation (The) (CB) stock is expected to deviate a maximum of $7.86 from the average target price of $131.83 for the short term period. 12 Street Experts have initiated coverage on the stock with the most promising target being $141 and the most muted being $112.


For the current week, the company shares have a recommendation consensus of Buy. Chubb Corporation (The) (NYSE:CB): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $126.33 and $126.00 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $126.71. The buying momentum continued till the end and the stock did not give up its gains. It closed at $126.59, notching a gain of 0.29% for the day. The total traded volume was 883,775 . The stock had closed at $126.22 on the previous day.

In a related news, The Securities and Exchange Commission has divulged in a Form 4 filing that the director of Chubb Ltd, Scully Robert W had purchased shares worth of $1,350,599 in a transaction dated on August 3, 2016. A total of 10,725 shares were purchased at a price of $125.93 per share. The information is based on open market trades at the market prices.Option exercises are not covered.

The Chubb Corporation is a holding company with subsidiaries principally engaged in the property and casualty insurance business. The property and casualty insurance subsidiaries (the P&C Group) underwrite insurance in the United States, Canada, Europe, Australia and parts of Latin America and Asia. The P&C Group operates through three business units: Chubb Personal Insurance, offers personal insurance products for homes and valuable articles (such as art and jewelry) for high net worth individuals; Chubb Commercial Insurance, offers multiple peril, primary liability, excess and umbrella liability, automobile, workers compensation and property and marine insurance, and Chubb Specialty Insurance, offers specialized professional liability products for privately held and publicly traded companies, financial institutions, professional firms, healthcare and not-for-profit organizations.

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