Chubb (CB) Given New $121.00 Price Target at Deutsche Bank
Chubb (NYSE:CB) had its target price reduced by Deutsche Bank from $123.00 to $121.00 in a report published on Monday, January 7th. Deutsche Bank currently has a sell rating on the financial services provider’s stock.
Other equities research analysts have also issued reports about the company. Citigroup reduced their target price on Chubb from $150.00 to $145.00 and set a buy rating for the company in a report on Thursday, October 25th. Wells Fargo & Co restated a buy rating and issued a $160.00 target price on shares of Chubb in a report on Monday, December 3rd. Morgan Stanley cut their price target on Chubb from $166.00 to $153.00 and set an overweight rating for the company in a report on Wednesday, November 14th. Finally, Zacks Investment Research lowered Chubb from a hold rating to a sell rating in a report on Tuesday, September 25th. One analyst has rated the stock with a sell rating, six have issued a hold rating and seven have assigned a buy rating to the stock. Chubb has a consensus rating of Hold and an average target price of $156.70.
NYSE:CB opened at $132.06 on Monday. The stock has a market cap of $61.56 billion, a price-to-earnings ratio of 16.45, a price-to-earnings-growth ratio of 1.21 and a beta of 0.91. Chubb has a fifty-two week low of $119.54 and a fifty-two week high of $157.50. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.31 and a current ratio of 0.31.
Chubb (NYSE:CB) last posted its earnings results on Tuesday, October 23r....