Loews: You Could Play The Volatility, But I Won't
Seeking Alpha reiterates a Hold view on Loews with an $84-per-share price target, citing overvaluation and risks in CNA’s insurance business. CNA’s underwriting and profitability concerns, including a combined ratio above 97% and reserve charges, weigh on the investment case despite strong subsidiaries.
Why it matters — Loews watchers may weigh CNA’s performance, low dividend yield, and premium to book value against the company’s other subsidiaries.