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Not Supporting Trump By Underwriting $91.63M Appeal Bond In E Jean Carroll Case, Says Chubb CEO: 'We Don't Take Sides'
Wednesday, March 13, 2024 - 8:42pm | 723In recent news, Chubb Ltd (NYSE:CB) CEO, Evan Greenberg, has stood by the company’s decision to underwrite the appeal bond of former President Donald Trump in a defamation lawsuit filed by E. Jean Carroll. What Happened: Greenberg, in a customer communication, clarified that Chubb’s...
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Citi Reiterates Hold and PT of $64 on Chubb Corporation
Tuesday, June 21, 2011 - 8:43am | 128Citi reiterated its Hold rating on Chubb Corporation (NYSE: CB). At the same time, Citi left its price target on the company's stock unchanged at $64, in spite of lowering its estimates. In a research report published today, Citi states, "Our 2Q11 CAT loss estimate goes to $300M from $250M...
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KBW Raises CB Target To $71
Monday, April 25, 2011 - 9:08am | 26KBW is raising its PT on shares of Chubb Corporation (NYSE: CB) to $71. Chubb Corporation closed Thursday at $61.56.
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UPDATE: Citi Color On CB Target Increase
Monday, April 25, 2011 - 7:25am | 138Citi, which raised its PT on shares of The Chubb Corporation (NYSE: CB), is providing some color on the stock. “Mgmt noted rate changes in auto were up low single digitswhile homeowners were up in the mid single digits,” Citi writes. “As a result, CB has seen improvement in new business and...
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Citigroup Raises PT On Chubb To $64
Monday, April 25, 2011 - 5:57am | 26Citigroup has raised the price target on Chubb Corporation (NYSE: CB) from $60 to $64 and maintains its Hold rating.
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Piper Jaffray Comments On CB Shares
Tuesday, February 8, 2011 - 9:33am | 164Piper Jaffray, which downgraded shares of Chubb Corporation (NYSE: CB) to Neutral from Overweight, said that it believes exposure to US winter storms and the cyclone Yasi create a dimension of uncertainty in the short-run. “At the same time, we view the company's over-capitalization and inability...
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Piper Jaffray Downgrades Chubb Corporation To Neutral, PT To $62
Tuesday, February 8, 2011 - 8:26am | 28Piper Jaffray has downgraded Chubb Corporation (NYSE: CB) from Overweight to Neutral and has lowered the price target from $74 to $62.
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Citigroup Reviews Chubb Corporation 3Q10
Tuesday, October 26, 2010 - 9:59am | 125Chubb Corporation (NYSE: CB) reported 3Q EPS of $1.69 “vs. our est. of $1.50 and FC of $1.43,” Citigroup reports. “The key takeaway is lower CAT losses and higher reserve releases than forecasted drove results higher relative to our estimates (combined benefit of ~$0.15/sh),” Citigroup writes. “CB...
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Wells Fargo Securities Lowers Chubb Corporation (CB) EPS Estimates
Tuesday, March 30, 2010 - 8:56am | 147Wells Fargo Securities analysts John Hall, Susan Ross and Elyse Greenspan rated shares of Chubb Corporation (NYSE: CB) with a Market Perform rating and a valuation range of $53-$56. Chubb Corporation reported catastrophe losses of $290 million pretax or $189 million after-tax ($0.56 per share) for...