Chubb (NYSE:CB) Target Raised by Raymond James to $220.00

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Chubb stock has undergone multiple analysts rating changes in the recent past.  Chubb stock Target Raised by Raymond James on 10/28/2021. In a note to investors, the firm issued a new target price of $220.00. The analysts previously had $200.00 target price. Raymond James’s price target would indicate a potential upside of 15.63% from the stock’s previous close.

Shares of Chubb traded up $5.13 on Wednesday, reaching $195.42. 349203 shares of the stock traded hands, compared to its average volume of 1576462. On Wednesday, Shares of Chubb closed at $195.42. The firm’s 50 day moving average is $181.68 and its 200 day moving average is $169.35.Chubb  has a 12 month low of $125.56 and a 12 month high of $196.29. While on yearly highs and lows, Chubb today has traded high as $195.92 and has touched $191.25 on the downward trend.

Chubb Earnings and What to expect: 

Chubb last posted its earnings data on October 25th, 2021. The financial services provider reported $2.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.16 by $0.48. The business earned $9.90 billion during the quarter, compared to analysts’ expectations of $9.21 billion. Its revenue for the quarter was up 16.9% compared to the same quarter last year. Chubb has generated $7.31 earnings per share over the last year ($18.10 diluted earnings per share) and currently has a price-to-earnings ratio of 10.5. Earnings for Chubb are expected to grow by 9.34% in the coming year, from $12.42 to $13.58 per share. Chubb has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Tuesday, February 1st, 2022 based off prior year’s report dates.

Earnings for Chubb are expected to grow by 9.34% in the coming year, from $12.42 to $13.58 per share. The P/E ratio of Chubb is 10.51, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.12. The P/E ratio of Chubb is 10.51, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 14.79. Chubb has a PEG Ratio of 1.45. PEG Ratios above 1 indicate that a company could be overvalued. Chubb has a P/B Ratio of 1.44. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Chubb (NYSE:CB) Moving Average Technical Analysis

5 day Moving Average is $$187.98 And 5 day price change is $4.79 (2.58%)  with average volume for 5 day average is 1,509,020. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $181.63 and 20 day price change is $13.88 (7.87%) and average 20 day moving volume is 1,473,825. 50 day moving average is $181.68  and 50 day price change is $5.56 ( 3.01%)  and with average volume for 50 days is : 1,622,422. 200 day moving average is $169.35  and 200 day price change is $33.66 (0.2149)  and with average volume for 200 days is : 1,875,280.

Other owners latest trading in Chubb :

  • On 10/27/2021 shares held by Aptus Capital Advisors LLC were 17,315 which equates to market value of $3M and appx 0.10% owners of Chubb
  • On 10/27/2021 shares held by State of New Jersey Common Pension Fund D were 263,936 which equates to market value of $45.79M and appx 0.10% owners of Chubb
  • On 10/27/2021 shares held by Jabodon PT Co. were 47,629 which equates to market value of $8.26M and appx 3.40% owners of Chubb
  • In total Institutional ownership equates to Institutional Ownership Percentage: 86.68% for Chubb

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