- Chubb Ltd reports strong Q1 earnings, surpassing analyst expectations significantly.
- Analyst consensus suggests a potential upside for the stock, with a target price of $302.40.
- Despite positive performance, GuruFocus estimates a potential downside based on GF Value analysis.
Chubb Ltd (CB, Financial) delivered an impressive performance in the first quarter, posting non-GAAP earnings per share of $3.68, which substantially outpaced analyst forecasts by a notable $0.45. The company's net premiums earned climbed to $12 billion, marking a 3.6% increase year-over-year and exceeding expectations by $780 million. Furthermore, Chubb's annualized core operating return on equity reached 8.6%, demonstrating solid operational efficiency.
Wall Street Analysts' Insights
Analyzing the evaluations from 18 analysts, the one-year average price target for Chubb Ltd (CB, Financial) stands at $302.40. This target reflects a potential upside of 4.13% from the current price of $290.42, with predictions ranging between a high of $335.00 and a low of $245.22. Investors seeking further details can explore the Chubb Ltd (CB) Forecast page.
Additionally, consensus from 23 brokerage firms positions Chubb Ltd's (CB, Financial) average brokerage recommendation at 2.5, aligning with an "Outperform" status. This rating is derived from a scale where 1 signifies a Strong Buy and 5 indicates a Sell, showcasing a generally favorable outlook among industry professionals.
Understanding GuruFocus Proprietary Metrics
According to GuruFocus' proprietary analysis, the estimated GF Value for Chubb Ltd (CB, Financial) in one year is projected at $247.71. This estimation implies a potential downside of 14.71% from the current stock price of $290.42. The GF Value is determined based on a combination of historical trading multiples, previous business growth patterns, and future performance projections. For further insights into these metrics, investors can visit the Chubb Ltd (CB) Summary page.
