Loews Corporation (NYSE:L) traded today at a new 52-week high of $56.20. Approximately 87,000 shares have changed hands today, as compared to an average 30-day volume of 870,000 shares.
In the past 52 weeks, Loews Corporation share prices are bracketed by a low of $27.32 and a high of $56.20 and is now at $55.86, 104% above that low price.
Loews Corporation (NYSE:L) is currently priced 1.4% above its average consensus analyst price target of $55.10.
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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