Cincinnati Financial Corporation (CINF) : Traders are bullish on Cincinnati Financial Corporation (CINF) as it has outperformed the S&P 500 by a wide margin of 2.22% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.93%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.26% in the last 1 week, and is up 2.01% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 0.64% and the fifty day Moving Average is 2.3%. Cincinnati Financial Corp. is up 10.76% in the last three month period. Year-to-Date the stock performance stands at 30.63%.
Cincinnati Financial Corporation (CINF) : 3 investment research analysts covering Cincinnati Financial Corporation (CINF) have an average price target of $72 for the near short term. The highest target price given by the Brokerage Firm to the stock is $90 and the lowest target is $60 for the short term. Analysts expect the variance to be within $15.88 of the average price.
Cincinnati Financial Corporation (NASDAQ:CINF): On Fridays trading session , Opening price of the stock was $76.92 with an intraday high of $77.2179. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $75.91. However, the stock managed to close at $76.2, a loss of 0.90% for the day. On the previous day, the stock had closed at $76.89. The total traded volume of the day was 560,203 shares.
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.