Stock Update (NYSE:CB): Chubb Announces New Field Leadership Team for Southeast Region

[PR Newswire] – PHILADELPHIA, Jan. 25, 2016 /PRNewswire/ — Chubb announced today a new leadership team for the Southeast Region of the company’s North America field organization, effective February 15, 2016. James M. … Read more on this. Chubb Limited (CB) , with a current value of $49.77B, started trading this morning at $109.95. Shares have traded today between $107.82 and $109.99 per share with its 52-week range being $96.00 to $119.86. CB shares are currently priced at 11.37x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry ’s 13.30x earnings multiple for the same period. In a review of the consensus earnings estimate this quarter, 13 sell-side analysts are looking at $2.26 per share, which would be $0.21 worse than the year-ago quarter and a $0.03 sequential decrease. In looking at the bigger picture, the full-year EPS estimate of $9.68 would be a $0.11 setback when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $4.13 Billion. If realized, that would be a 8.68% increase over the year-ago quarter. More recently, Bernstein upgraded CB from Mkt Perform to Outperform (Jul 31, 2015). Previously, Keefe Bruyette upgraded CB from Mkt Perform to Outperform. The average price target for CB shares by the analysts covering the stock is $132.75, which is 20.74% above where the stock opened this morning. See more in (NYSE:CB) Similar Articles: Company Update (NYSE:ACE): ACE Announces Future Leadership Team for Asia Pacific’s Property & Casualty Business Stock Update (NYSE:ACE): Ace Group announces US$5.3bn bond to fund Chubb buy Company Update (NYSE:ACE): ACE Announces Future Field Leadership Team for North America