Summary:
- Chubb (CB, Financial) beats first-quarter expectations with core operating income of $1.5 billion, though shares dip slightly.
- Analysts set Chubb's average one-year price target at $302.40, indicating modest upside potential.
- Current recommendations suggest an "Outperform" rating, with a GF Value estimate predicting a downside.
Chubb's Strong Earnings Performance
Chubb (CB) recently announced first-quarter earnings that exceeded market expectations, reporting a robust core operating income of $1.5 billion. Despite facing significant financial strain from California wildfire losses, the company achieved core operating earnings per share of $3.68, surpassing analyst predictions of $3.23. Following this announcement, Chubb's stock experienced a slight decrease, dipping 0.5% in after-hours trading.
Wall Street Analysts Forecast
Chubb Ltd (CB, Financial) currently maintains an average one-year price target of $302.40, derived from estimates by 18 analysts. These projections range from a high of $335.00 to a low of $245.22, indicating a potential upside of 4.13% from its latest trading price of $290.42. For a more comprehensive analysis, visit the Chubb Ltd (CB) Forecast page.
Brokerage Recommendations and GF Value
The consensus recommendation from 23 brokerage firms places Chubb Ltd (CB, Financial) at an average rating of 2.5, which translates to an "Outperform" status. This rating scale spans from 1 (Strong Buy) to 5 (Sell).
According to GF Value estimations by GuruFocus, Chubb Ltd (CB, Financial) has a projected one-year GF Value of $247.71, suggesting a potential downside of 14.71% from its current trading price of $290.42. The GF Value is a metric designed to reflect the fair market value of a stock, considering historical trading multiples, past growth, and future performance projections. For further insights, you can explore the Chubb Ltd (CB) Summary page.
