Barclays analyst Alex Scott maintains $Chubb Ltd (CB.US)$ with a buy rating, and adjusts the target price from $349 to $324.
According to TipRanks data, the analyst has a success rate of 63.7% and a total average return of 12.0% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Chubb Ltd (CB.US)$'s main analysts recently are as follows:
Analysts are generally more optimistic about the prospects for life insurers as we approach 2025, noting improvements in free cash flow, visible benefits from higher interest rates, substantial excess capital positions, strong earnings from group benefits, and the potential for further reinsurance and mergers. However, despite the long-term high quality of the property and casualty segment, current challenges in the underwriting cycle for property coverage and ongoing risks from casualty loss cost trends may hinder more favorable developments, leading to a more selective approach in stock selections.
The analyst remains positive on business trends in the property and casualty sector with a view towards 2025, noting that firm pricing and the group's defensive risk profile may position it for outperformance. Nevertheless, optimistic earnings expectations, bullish sentiment, and current valuations may limit the attractiveness of stocks compared to previous years. The preference for personal lines stocks is driven by promising margin perspectives.
Note:
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