Cincinnati Financial Corporation (CINF) has been under a strong bear grip, hence the stock is down -2.6% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.45% in the past 1 week. The stock has risen by 0.61% in the past week indicating that the buyers are active at lower levels, but the stock is down -3.12% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 0.26% and the 50-Day Moving Average is 0.06%.The 200 Day SMA reached 12.8%
Cincinnati Financial Corporation (NASDAQ:CINF): After opening at $75.01, the stock dipped to an intraday low of $74.52 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $75.64 and the buying power remained strong till the end. The stock closed at $75.42 for the day, a gain of 1.18% for the day session. The total traded volume was 636,891. The stocks close on the previous trading day was $75.42.
Cincinnati Financial Corporation (CINF) : Average target price received by Cincinnati Financial Corporation (CINF) is $72 with an expected standard deviation of $15.88. The most aggressive target on the stock is $90, whereas the most downbeat target is $60. 3 financial analysts are currently covering the stock.
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.