In a report released today, Michael Phillips CFA from Oppenheimer maintained a Hold rating on Cincinnati Financial (CINF – Research Report). The company’s shares closed yesterday at $112.10.
According to TipRanks, Phillips CFA is a 2-star analyst with an average return of 1.1% and a 56.86% success rate. Phillips CFA covers the Financial sector, focusing on stocks such as Selective Insurance Group, HCI Group, and Cincinnati Financial.
Cincinnati Financial has an analyst consensus of Moderate Buy, with a price target consensus of $118.60.
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The company has a one-year high of $126.95 and a one-year low of $93.43. Currently, Cincinnati Financial has an average volume of 630.9K.
Based on the recent corporate insider activity of 70 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of CINF in relation to earlier this year.
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Cincinnati Financial (CINF) Company Description:
Cincinnati Financial Corp. provides property casualty and life insurance services. It operates through the following segments: Commercial Lines Insurance, Personal Lines Insurance, Excess & Surplus Lines Insurance, Life Insurance and Investments. The Commercial Lines Insurance segment includes commercial casualty, commercial property, commercial auto, worker’s compensation, and other commercial lines insurance. The Personal Lines Insurance segment manages personal auto, homeowner, and other personal lines insurance. The Excess & Surplus Lines Insurance segment covers business risks such as the nature of the business or its claim history, that are difficult to profitably insure in the standard commercial lines market. The Life Insurance segment offers term life insurance, universal life insurance, worksite products, and whole life insurance services. The Investment segment generates revenue from the fixed-maturity investment and equity investment. The company was founded by John Jack Schiff Sr., Robert Cleveland Schiff, and Harry M. Turner in 1968 and is headquartered in Fairfield, OH.
Read More on CINF:
- Cincinnati Financial Reports Fourth-Quarter and Full-Year 2023 Results
- Cincinnati Financial (CINF) Q4 Earnings Cheat Sheet
- Cincinnati Financial Announces Dividend Hike and Board Expansion
- Cincinnati Financial names Stephen Spray CEO
- Cincinnati Financial Corporation Increases Regular Quarterly Cash Dividend
