Monthly Drifts in Chubb Limited (CB) Stock: A Closer Look

Chubb Limited [CB] stock is trading at $276.69, up 0.35%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The CB shares have gain 0.76% over the last week, with a monthly amount drifted -3.93%, 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 October 04, 2024, when BofA Securities downgraded its rating to a Underperform and also boosted its price target to $275 from $264. Previously, Barclays started tracking the stock with Overweight rating on September 05, 2024, and set its price target to $349. On June 28, 2024, downgrade downgraded it’s rating to Underperform. BofA Securities upgraded its rating to a Neutral and increased its price target to $266 on May 23, 2024. HSBC Securities downgraded its rating to a Hold and reduced its price target to $270 on April 04, 2024. Citigroup downgraded its rating to Neutral for this stock on March 14, 2024, and upped its price target to $275. In a note dated January 10, 2024, TD Cowen initiated an Market Perform rating and provided a target price of $254 on this stock.

Chubb Limited [CB] stock has fluctuated between $216.90 and $302.05 over the past year. Currently, Wall Street analysts expect the stock to reach $306.25 within the next 12 months. Chubb Limited [NYSE: CB] shares were valued at $276.69 at the most recent close of the market. An investor can expect a potential return of 10.68% based on the average CB price forecast.

Analyzing the CB fundamentals

Chubb Limited [NYSE:CB] reported sales of 54.96B for the trailing twelve months, which represents a growth of 8.53%. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.2%, Pretax Profit Margin comes in at 0.2%, and Net Profit Margin reading is 0.18%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.16 and Total Capital is 0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.25.

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 273.79 points at the first support level, and at 270.89 for the second support level. However, for the 1st resistance point, the stock is sitting at 278.50, and for the 2nd resistance point, it is at 280.32.

Ratios To Look Out For

For context, Chubb Limited’s Current Ratio is 0.44. Considering the valuation of this stock, the price to sales ratio is 2.03, the price to book ratio is 1.70 and price to earnings (TTM) ratio is 11.33.

Transactions by insiders

Recent insider trading involved GREENBERG EVAN G, Chairman & CEO, that happened on Sep 09 ’24 when 30318.0 shares were sold. Chairman & CEO, GREENBERG EVAN G completed a deal on Sep 06 ’24 to sell 30537.0 shares. Meanwhile, Officer GREENBERG EVAN G bought 50958.0 shares on Sep 06 ’24.

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