Chubb Ltd (CB) Receives $156.00 Average Target Price from Analysts

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Shares of Chubb Ltd (NYSE:CB) have been given an average rating of “Hold” by the thirteen analysts that are presently covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and six have issued a buy recommendation on the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $156.00.

A number of research firms have issued reports on CB. Citigroup cut their target price on shares of Chubb from $150.00 to $145.00 and set a “buy” rating on the stock in a research report on Thursday, October 25th. Deutsche Bank upped their target price on shares of Chubb from $122.00 to $123.00 and gave the company a “sell” rating in a research report on Tuesday, December 4th. Wells Fargo & Co restated a “buy” rating and set a $160.00 target price on shares of Chubb in a research report on Monday, December 3rd. Morgan Stanley cut their target price on shares of Chubb from $166.00 to $153.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 14th….

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