Chubb's (CB) "Market Outperform" Rating Reiterated at JMP Securities

Chubb (NYSE:CB - Get Free Report)'s stock had its "market outperform" rating reiterated by investment analysts at JMP Securities in a research note issued on Wednesday,Benzinga reports. They presently have a $325.00 price objective on the financial services provider's stock. JMP Securities' target price points to a potential upside of 15.78% from the company's current price.

Several other equities research analysts also recently issued reports on CB. Barclays lowered their price objective on shares of Chubb from $349.00 to $324.00 and set an "overweight" rating on the stock in a research note on Monday, January 6th. Bank of America raised their price target on shares of Chubb from $275.00 to $282.00 and gave the stock an "underperform" rating in a research report on Thursday, October 10th. Morgan Stanley upped their price objective on shares of Chubb from $295.00 to $300.00 and gave the company an "equal weight" rating in a research report on Wednesday, October 30th. Jefferies Financial Group lifted their target price on Chubb from $294.00 to $295.00 and gave the stock a "hold" rating in a research report on Wednesday, October 9th. Finally, JPMorgan Chase & Co. upped their price target on Chubb from $296.00 to $300.00 and gave the company a "neutral" rating in a report on Wednesday. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $288.39.

Chubb Stock Performance

Chubb stock traded up $8.43 on Wednesday, reaching $280.70. 663,394 shares of the stock were exchanged, compared to its average volume of 1,932,590. The stock has a market cap of $113.15 billion, a PE ratio of 11.50, a PEG ratio of 7.23 and a beta of 0.67. The firm has a fifty day moving average price of $275.77 and a two-hundred day moving average price of $279.22. Chubb has a twelve month low of $238.85 and a twelve month high of $302.05. The company has a current ratio of 0.28, a quick ratio of 0.28 and a debt-to-equity ratio of 0.21.

Chubb (NYSE:CB - Get Free Report) last posted its quarterly earnings data on Tuesday, January 28th. The financial services provider reported $6.02 earnings per share for the quarter, topping the consensus estimate of $5.33 by $0.69. Chubb had a return on equity of 15.46% and a net margin of 18.32%. Sell-side analysts anticipate that Chubb will post 21.95 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Continuum Advisory LLC raised its stake in shares of Chubb by 56.5% in the third quarter. Continuum Advisory LLC now owns 97 shares of the financial services provider's stock worth $28,000 after acquiring an additional 35 shares during the last quarter. Kozak & Associates Inc. bought a new position in Chubb in the 3rd quarter worth approximately $29,000. Gordian Capital Singapore Pte Ltd acquired a new position in Chubb during the 3rd quarter worth $29,000. Raelipskie Partnership acquired a new position in Chubb during the 3rd quarter worth $29,000. Finally, Truvestments Capital LLC bought a new position in Chubb in the 3rd quarter valued at $30,000. Institutional investors and hedge funds own 83.81% of the company's stock.

About Chubb

Chubb Limited provides insurance and reinsurance products worldwide. The company's North America Commercial P&C Insurance segment offers commercial property, casualty, workers' compensation, package policies, risk management, financial lines, marine, construction, environmental, medical risk, cyber risk, surety, and casualty; and group accident and health insurance to large, middle market, and small commercial businesses.

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