3 days ago
Chubb (CB) Receives a Hold from Goldman Sachs
In a report released on July 24, Robert Cox CFA from Goldman Sachs maintained a Hold rating on Chubb, with a price target of $299.00. The company's shares closed yesterday at $269.15.
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Cox CFA covers the Financial sector, focusing on stocks such as Aon, Brown & Brown, and Progressive. According to TipRanks, Cox CFA has an average return of 10.8% and a 76.56% success rate on recommended stocks.
In addition to Goldman Sachs, Chubb also received a Hold from Piper Sandler's Paul Newsome in a report issued on July 24. However, yesterday, TR | OpenAI – 4o reiterated a Buy rating on Chubb (NYSE: CB).
CB market cap is currently $108.3B and has a P/E ratio of 11.92.
Based on the recent corporate insider activity of 98 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CB in relation to earlier this year. Last month, Michael Atieh, a Director at CB sold 538.00 shares for a total of $154,707.28.
