From what 22 stock analysts predict, the share price for Chubb Ltd (CB) might increase by 9.34% in the next year. This is based on a 12-month average estimation for CB. Price targets go from $245 to $349. The majority of stock analysts believe CB is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
CB is a stock in Financial Services which has been forecasted to be worth $300.25 as an average. On the higher end, the forecast price is $349 USD by Alex Scott from Barclays and on the lower end CB is forecasted to be $245 by Paul Newsome from Piper Sandler.
These are the latest 20 analyst ratings of CB.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Elyse Greenspan Wells Fargo | Equal-Weight | $268 | Maintains | Nov 5, 2024 |
Meyer Shields Keefe, Bruyette & Woods | Outperform | $320 | Maintains | Nov 1, 2024 |
Elyse Greenspan Wells Fargo | Equal-Weight | $266 | Maintains | Oct 31, 2024 |
Michael Phillips Morgan Stanley | Equal-Weight | $300 | Maintains | Oct 30, 2024 |
Matthew Carletti JMP Securities | Market Outperform | $325 | Maintains | Oct 30, 2024 |
Jimmy Bhullar JP Morgan | Neutral | $294 | Maintains | Oct 30, 2024 |
David Motemaden Evercore ISI Group | Outperform | $293 | Maintains | Oct 30, 2024 |
Matthew Carletti JMP Securities | Market Outperform | $300 | Reiterates | Oct 15, 2024 |
Elyse Greenspan Wells Fargo | Equal-Weight | $269 | Maintains | Oct 10, 2024 |
Joshua Shanker B of A Securities | Underperform | $282 | Maintains | Oct 10, 2024 |
Jimmy Bhullar JP Morgan | Neutral | $291 | Maintains | Oct 10, 2024 |
Yaron Kinar Jefferies | Hold | $295 | Maintains | Oct 9, 2024 |
Joshua Shanker B of A Securities | Underperform | $275 | Downgrade | Oct 4, 2024 |
Paul Newsome Piper Sandler | Overweight | $305 | Maintains | Oct 4, 2024 |
Alex Scott Barclays | Overweight | $349 | Initiates | Sep 4, 2024 |
Meyer Shields Keefe, Bruyette & Woods | Outperform | $305 | Maintains | Jul 29, 2024 |
Scott Heleniak RBC Capital | Outperform | $295 | Maintains | Jul 25, 2024 |
Matthew Carletti JMP Securities | Market Outperform | $300 | Maintains | Jul 24, 2024 |
Joshua Shanker B of A Securities | Neutral | $264 | Maintains | Jul 24, 2024 |
Harry Fong Roth MKM | Buy | $300 | Maintains | Jul 24, 2024 |
When did it IPO
1984
Staff Count
40,000
Country
Switzerland
Sector/Industry
Financial Services/Insurance - Property & Casualty
CEO
Mr. Evan G. Greenberg
Market Cap
$114.21B
In 2023, CB generated $49.83B in revenue, which was a increase of 15.73% from the previous year. This can be seen as a signal that CB's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Chubb's 2024 Wealth Report highlights that wealthy households prioritize climate change, liability lawsuits, and security for valuables as top risks, affecting asset management strategies.
Why It Matters - Chubb's report highlights growing risks like climate change and cyber threats for wealthy households, signaling potential shifts in investment strategies and insurance needs, impacting market dynamics.
Summary - Chubb (CB) has garnered increased interest from Zacks.com users, highlighting factors that could influence the stock's future performance.
Why It Matters - Increased attention from Zacks.com users may indicate growing interest and potential volatility in Chubb's stock, affecting trading activity and price movements.
Summary - Berkshire Hathaway shares have risen 33.4% through Nov. 27, marking the company's best annual return since 1998, reflecting a strong year for Wall Street.
Why It Matters - Berkshire Hathaway's 33.4% rise signals strong market performance, highlighting Buffett's investment strategy and boosting confidence in value stocks, potentially attracting more capital.
Summary - Warren Buffett has led Berkshire Hathaway (NYSE: BRK.A, BRK.B) since 1965, achieving an annual return of 20% for investors over the long term.
Why It Matters - Buffett's consistent 20% annual returns highlight his investment acumen, potentially attracting investors seeking reliable long-term growth and confidence in Berkshire Hathaway's future.
Summary - Chubb (CB) reported earnings 30 days ago; investors should monitor upcoming developments and market reactions for insights on the stock's future performance.
Why It Matters - Chubb's recent earnings report can influence stock price movement, investor sentiment, and future growth potential, impacting overall investment decisions.
Summary - Current CB stockholders are advised to hold their shares, while new investors may consider waiting for a more favorable entry point.
Why It Matters - The recommendation to retain CB stock indicates confidence in its stability, while suggesting new investors hold off implies potential price volatility ahead.