Shares of Loews Corporation (L) Rise to a New 52-Week High

March 25, 2022 10:22:07

Loews Corporation (NYSE:L) traded today at a new 52-week high of $65.53. So far today approximately 192,000 shares have been exchanged, as compared to an average 30-day volume of 919,000 shares.

Loews Corporation share prices have moved between a 52-week high of $65.53 and a 52-week low of $50.40 and are now trading 30% above that low price at $65.35 per share.

Loews Corporation (NYSE:L) is currently priced 1.9% above its average consensus analyst price target of $64.13.

Loews Corp is a holding company that is supported by a variety of businesses. Its largest subsidiary is CNA Financial Corporation, a property and casualty insurance company. CNA’s services include risk management, information services, and warranty and claims administration. Loews also maintains an operation of offshore oil and gas drilling rigs through Diamond Offshore Drilling, Inc. The company engages in the transportation and storage of natural gas and natural gas liquids and gathering and processing of natural gas through Boardwalk Pipeline Partners, LP. Loews also operates a chain of hotels.

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