Loews Corporation (NYSE:L) traded at a new 52-week high today of $66.00. So far today approximately 142,000 shares have been exchanged, as compared to an average 30-day volume of 907,000 shares.
Over the past year, Loews Corporation has traded in a range of $50.80 to $66.00 and is now at $65.49, 29% above that low.
Loews Corporation (NYSE:L) defies analysts with a current price ($65.49) 0.2% above its average consensus price target of $65.34.
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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