Roth Mkm Forecasts Strong Price Appreciation for Chubb (NYSE:CB) Stock

Chubb (NYSE:CB) had its target price hoisted by equities researchers at Roth Mkm from $330.00 to $360.00 in a research report issued to clients and investors on Wednesday, Marketbeat Ratings reports. The firm currently has a “buy” rating on the financial services provider’s stock. Roth Mkm’s price objective would indicate a potential upside of 8.67% from the stock’s previous close.

A number of other analysts also recently weighed in on the company. Hsbc Global Res upgraded Chubb from a “hold” rating to a “strong-buy” rating in a report on Friday, January 16th. JPMorgan Chase & Co. upped their target price on Chubb from $327.00 to $330.00 and gave the company a “neutral” rating in a research report on Wednesday. Wells Fargo & Company lifted their target price on Chubb from $293.00 to $305.00 and gave the stock an “equal weight” rating in a report on Tuesday, January 13th. Keefe, Bruyette & Woods boosted their price target on Chubb from $335.00 to $355.00 and gave the company an “outperform” rating in a research note on Tuesday, January 6th. Finally, JMP Securities reiterated a “market outperform” rating and set a $325.00 target price on shares of Chubb in a research report on Wednesday, October 22nd. Two investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $329.14.

Chubb Trading Up 0.6%

Shares of CB stock opened at $331.29 on Wednesday. Chubb has a 1-year low of $263.14 and a 1-year high of $334.28. The company has a current ratio of 0.24, a quick ratio of 0.27 and a debt-to-equity ratio of 0.20. The stock has a market cap of $130.38 billion, a price-to-earnings ratio of 12.88, a PEG ratio of 2.11 and a beta of 0.49. The stock has a 50-day moving average of $306.70 and a 200-day moving average of $288.69.

Chubb (NYSE:CB) last issued its quarterly earnings results on Tuesday, February 3rd. The financial services provider reported $7.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.33 by $1.19. Chubb had a net margin of 17.36% and a return on equity of 13.15%. The firm had revenue of $2.08 billion for the quarter, compared to the consensus estimate of $11.11 billion. During the same quarter in the previous year, the company earned $6.02 EPS. The company’s revenue for the quarter was up 8.9% on a year-over-year basis. On average, equities research analysts forecast that Chubb will post 21.52 earnings per share for the current year.

Insider Buying and Selling

In other news, EVP Timothy Alan Boroughs sold 850 shares of the firm’s stock in a transaction that occurred on Monday, November 24th. The stock was sold at an average price of $295.19, for a total value of $250,911.50. Following the transaction, the executive vice president owned 1,585 shares in the company, valued at $467,876.15. This trade represents a 34.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider John J. Lupica sold 16,375 shares of the stock in a transaction on Friday, November 14th. The shares were sold at an average price of $296.45, for a total value of $4,854,368.75. Following the completion of the sale, the insider directly owned 74,225 shares of the company’s stock, valued at $22,004,001.25. The trade was a 18.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 33,635 shares of company stock worth $9,970,735 in the last quarter. Insiders own 0.77% of the company’s stock.

Institutional Trading of Chubb

Several institutional investors have recently made changes to their positions in CB. Kathmere Capital Management LLC boosted its holdings in Chubb by 2.7% during the fourth quarter. Kathmere Capital Management LLC now owns 1,297 shares of the financial services provider’s stock worth $405,000 after purchasing an additional 34 shares during the last quarter. Wright Investors Service Inc. boosted its stake in shares of Chubb by 0.7% in the 4th quarter. Wright Investors Service Inc. now owns 4,927 shares of the financial services provider’s stock worth $1,538,000 after buying an additional 34 shares during the last quarter. G&S Capital LLC grew its holdings in shares of Chubb by 1.5% in the fourth quarter. G&S Capital LLC now owns 2,271 shares of the financial services provider’s stock valued at $709,000 after acquiring an additional 34 shares in the last quarter. Mitchell & Pahl Private Wealth LLC increased its position in shares of Chubb by 0.5% during the third quarter. Mitchell & Pahl Private Wealth LLC now owns 7,381 shares of the financial services provider’s stock valued at $2,083,000 after acquiring an additional 35 shares during the last quarter. Finally, Golden State Wealth Management LLC lifted its holdings in Chubb by 7.4% during the third quarter. Golden State Wealth Management LLC now owns 525 shares of the financial services provider’s stock worth $148,000 after acquiring an additional 36 shares during the period. Institutional investors own 83.81% of the company’s stock.

Trending Headlines about Chubb

Here are the key news stories impacting Chubb this week:

• Positive Sentiment: Q4 results beat and underwriting strength — Chubb reported record earnings and core EPS that topped estimates, helped by higher investment returns, lower catastrophe losses and a notably low combined ratio. This is the primary driver behind the rally. Earnings Call Highlights
• Positive Sentiment: Market reaction: stock hit a record high and is on a multi-day win streak following the results, reflecting strong investor demand. MSN: Record High
• Positive Sentiment: Bullish analyst actions — several firms raised price targets and/or maintained outperform/buy stances (notably Roth Capital to $360, Evercore ISI to $347 and Citizens JMP reaffirming market outperform at $350), supporting upside conviction. Roth/Analyst Moves
• Positive Sentiment: Cyber risk partnership — Chubb named Arctic Wolf as a preferred Managed Detection & Response provider, reinforcing its cyber risk-management capabilities for insureds (helps product competitiveness). GlobeNewswire: Arctic Wolf
• Neutral Sentiment: Analyst commentary and notes on key metrics — coverage pieces and analyst reviews dig into combined ratio, underwriting trends and investment assumptions; these provide context but are not new catalysts by themselves. Zacks: Q4 Analysis
• Negative Sentiment: Some targets imply limited near-term upside or modest downside — Piper Sandler’s new $319 target (neutral), Wells Fargo’s $322 (equal weight) and JPMorgan’s $330 (neutral) sit at or below the current share price, which could cap gains or trigger profit-taking among more cautious investors. MarketScreener: Piper Sandler

About Chubb

Chubb is a global property and casualty insurance company that underwrites a broad range of commercial and personal insurance products and related services. Its offerings include commercial property and casualty coverage, specialty liability, professional and management liability, cyber and technology insurance, marine and energy, surety, accident and health solutions, and high-net-worth personal lines such as homeowners, auto and valuables protection. Chubb serves businesses, individuals and institutions with tailored underwriting and risk-transfer solutions across multiple industry sectors.

In addition to core underwriting, Chubb provides risk engineering, loss control, claims management and risk consulting services intended to reduce loss severity and help clients manage exposures.