KBW analyst Meyer Shields maintained a Buy rating on Cincinnati Financial (CINF – Research Report) today and set a price target of $182.00. The company’s shares opened today at $138.86.
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According to TipRanks, Shields is a top 100 analyst with an average return of 14.2% and a 73.15% success rate. Shields covers the Financial sector, focusing on stocks such as Allstate, Renaissancere Holdings, and Progressive.
In addition to KBW, Cincinnati Financial also received a Buy from Bank of America Securities’s Joshua Shanker in a report issued on March 5. However, today, Piper Sandler maintained a Hold rating on Cincinnati Financial (NASDAQ: CINF).
The company has a one-year high of $161.75 and a one-year low of $109.93. Currently, Cincinnati Financial has an average volume of 742.6K.
Based on the recent corporate insider activity of 71 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. Last month, Nancy Cunningham Benacci, a Director at CINF bought 1,000.00 shares for a total of $136,160.00.
Read More on CINF:
- Cincinnati Financial Highlights Strategic Initiatives at Investor Day
- Cincinnati Financial price target raised to $182 from $180 at Keefe Bruyette
- Cincinnati Financial’s Strategic Growth and Risk Mitigation Supports Buy Rating
- Cincinnati Financial price target raised to $153 from $146 at BMO Capital
- Cincinnati Financial price target raised to $160 from $140 at Roth MKM
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