Currently, Chubb Limited [CB] is trading at $191.86, up 2.38%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The CB shares have lost -3.52% over the last week, with a monthly amount drifted -10.06%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Chubb Limited [NYSE: CB] stock has seen the most recent analyst activity on January 20, 2023, when BMO Capital Markets initiated its Market Perform rating and assigned the stock a price target of $225. Previously, Jefferies downgraded its rating to Hold on January 09, 2023, and kept the price target unchanged to $246. On December 05, 2022, MKM Partners reiterated its Buy rating and revised its price target to $260 on the stock. Atlantic Equities upgraded its rating to a Overweight but stick to its price target of $240 on November 15, 2022. Citigroup initiated its recommendation with a Neutral and recommended $209 as its price target on May 24, 2022. Goldman started tracking with a Buy rating for this stock on November 23, 2021, and assigned it a price target of $230. In a note dated November 19, 2021, Jefferies initiated an Buy rating and iterated a target price of $235 on this stock.
This stock has fluctuated between a low of $173.78 and a high of $231.37 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $245.60 within the next 12 months. Chubb Limited [NYSE: CB] shares were valued at $191.86 at the most recent close of the market. An investor can expect a potential return of 28.01% based on the average CB price forecast.
Analyzing the CB fundamentals
Recent quarter sales for Chubb Limited [NYSE:CB] were 11.5 billion which represents 9.00% growth.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 186.72 points at the first support level, and at 181.58 for the second support level. However, for the 1st resistance point, the stock is sitting at 194.57, and for the 2nd resistance point, it is at 197.28.
Chubb Limited [CB] reported earnings per share of $4.05 for its fiscal quarter that ended on 12/30/2022. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $4.25/share, meaning a difference of -$0.2 and a surprise factor of -4.70%. By comparison, the stated earnings for the previous quarter ended on 9/29/2022 were $3.17 per share as compared to estimates of $2.59 per share, a difference of $0.58 representing a surprise of 22.40%.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 2.17, the price to book ratio is 2.07 and the P/E (TTM) ratio is 15.33.
Transactions by insiders
In the past 3 months, 1 insiders have purchased 30 shares, and 1 have sold 30 shares. Recent insider trading involved Keogh John W, President & COO, that happened on Feb 28 when 23871.0 shares were sold. Vice Chrm, Chubb Group*, Lupica John J completed a deal on Dec 01 to sell 7949.0 shares. Meanwhile, Vice Chrm, Chubb Group* Lupica John J sold 19051.0 shares on Nov 30.