Goldman Sachs Downgrades Chubb Corporation (CB) to Neutral
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Price: $343.64 -0.25%
Rating Summary:
9 Buy, 22 Hold, 2 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
9 Buy, 22 Hold, 2 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Goldman Sachs downgraded Chubb Corporation (NYSE: CB) from Buy to Neutral with a price target of $67.00.
The firm notes that while the company delivered another solid quarter Q2, demostartrining the quaility of their book in a historically high CAT quarter, they see better near term opportunities elsewhere within the Property & Casualty space.
For more ratings news on Chubb Corporation click here and for the rating history of Chubb Corporation click here.
Shares of Chubb Corporation closed at $62.56 yesterday.
The firm notes that while the company delivered another solid quarter Q2, demostartrining the quaility of their book in a historically high CAT quarter, they see better near term opportunities elsewhere within the Property & Casualty space.
For more ratings news on Chubb Corporation click here and for the rating history of Chubb Corporation click here.
Shares of Chubb Corporation closed at $62.56 yesterday.
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