Chubb Limited (NYSE:CB) traded at a new 52-week high today of $209.44. This new high was reached on below average trading volume as 510,000 shares traded hands, while the average 30-day volume is approximately 1.7 million shares.
Potential upside of 0.7% exists for Chubb Limited, based on a current level of $206.59 and analysts’ average consensus price target of $208.01.
In the past 52 weeks, shares of Chubb Limited have traded between a low of $151.05 and a high of $209.44 and is now at $206.59, which is 37% above that low price.
ACE acquired Chubb in the first quarter of 2016 and assumed the Chubb name. The combination makes the new Chubb one of the largest domestic property and casualty insurers, with operations in 54 countries spanning commercial and personal P&C insurance, reinsurance, and life insurance.
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