Chubb Limited (NYSE:CB) does about 1.62M shares in volume on a normal day but saw 1223557 shares change hands in Tuesday’s trading. The company now has a market cap of 102.31B USD. Its current market price is $251.95, marking a decrease of -0.04% compared to the previous close of $252.05. The 52 week high reached by this stock is $260.58 whilst the lowest price level in 52 weeks is $183.71.
Chubb Limited (CB) has a 20-day trading average at $247.68 and the current price is -3.31% off the 52-week high compared with 37.15% distance from its 52-week low. The 50-day simple moving average of the closing price is $251.75 and its 200-day simple moving average is $227.73. If we look at the stock’s price movements over the week, volatility stands at 1.18%, which increases to 1.44% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 54.80 to suggest the stock is neutral.
The consensus objective for the share price is $270.05, suggesting that the stock has a potential upside of 6.7% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on April 04, 2024 when HSBC Securities downgraded the stock to “Hold” and issued a price target of between $275 and $270. Citigroup also downgraded the stock to “Neutral” from Buy on March 14, 2024 at a price target of $238-$275. TD Cowen initiated its price target at $254.
Chubb Limited (CB) stock is up 1.33% over the week and -0.48% over the past month. Its price is 11.48% year-to-date and 26.65% over the past year.
To reach the target analysts have set, the stock logically needs to grow 6.7 percent from here.
The company has a return on investment of 12.39% and return on equity of 16.35%. The price to earnings ratio (P/E ratio) amounts to 11.18 while the forward price to earnings ratio is 10.64. The beta has a value of 0.65. Price to book ratio is 1.69 and price to sales ratio is 1.98.
