29.03.2017 12:35:00
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Research Reports Initiation on Insurance Stocks -- Allstate, Old Republic, Travelers, and Chubb
NEW YORK, March 29, 2017 /PRNewswire/ --
Stock-Callers.com revisits the Property and Casualty Insurance industry to see how select equities have fared over the last few trading sessions. Under review this morning are: The Allstate Corp. (NYSE: ALL), Old Republic International Corp. (NYSE: ORI), The Travelers Cos. Inc. (NYSE: TRV), and Chubb Ltd (NYSE: CB). These companies underwrite insurance policies, such as homeowners and automotive insurance, to protect consumers and businesses against loss and liability. Learn more about these stocks by downloading their free report at:
http://stock-callers.com/registration
Allstate
On Tuesday, shares in Northbrook, Illinois-based The Allstate Corp. recorded a trading volume of 1.22 million shares. The stock ended the session 0.99% higher at $81.89. The Company's shares have gained 0.68% in the last one month, 10.31% over the previous three months, and 10.99% on an YTD basis. The stock is trading 3.61% above its 50-day moving average and 14.61% above its 200-day moving average. Moreover, shares of Allstate, which together with its subsidiaries, engages in property-liability insurance and life insurance business in the US and Canada, have a Relative Strength Index (RSI) of 60.66.
On March 01st, 2017, research firm Keefe Bruyette downgraded the Company's stock rating from 'Outperform' to 'Market Perform'.
On March 16th, 2017, Allstate announced that it is launching a recruitment campaign to bring 116 jobs to Missouri this year. The expansion efforts to match the growth trends span across seven states, bringing a total of 468 jobs. Interested candidates can learn more by visiting http://www.allstateagent.com. The free research report on ALL is available at:
http://stock-callers.com/registration/?symbol=ALL
Old Republic
Chicago, Illinois-based Old Republic International Corp.'s stock closed the day 1.25% higher at $20.22, with a total trading volume of 1.18 million shares. The Company's shares have advanced 6.78% in the previous three months and 7.40% since the start of this year. The stock is trading 8.19% above its 200-day moving average. Additionally, shares of Old Republic International, which through its subsidiaries, engages in the insurance underwriting and related services business primarily in the US and Canada, have an RSI of 47.62. The complimentary report on ORI can be downloaded at:
http://stock-callers.com/registration/?symbol=ORI
Travelers
Shares in New York-based The Travelers Cos. Inc. recorded a trading volume of 1.19 million shares. The stock ended yesterday's trading session 0.65% higher at $121.80. The Company's shares have advanced 0.35% in the past month, 0.29% in the last three months, and 0.04% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 1.55% and 5.40%, respectively. Furthermore, shares of Travelers Cos., which through its subsidiaries, provides a range of commercial and personal property, and casualty insurance products and services to businesses, government units, associations, and individuals in the US and internationally, have an RSI of 52.72.
On March 20th, 2017, Travelers Cos. announced the estimated impact of the recent decision by the UK Ministry of Justice to reduce the discount rate applied to lump-sum bodily injury payouts, known as the Ogden rate, from +2.5% to -0.75%. The Company expects to record an increase of approximately $62 million pre-tax ($51 million after-tax) in Q1 2017 operating results as a result of the change in the discount rate. Visit us today and download our complete research report on TRV for free at:
http://stock-callers.com/registration/?symbol=TRV
Chubb
Zurich, Switzerland headquartered Chubb Ltd.'s stock finished Tuesday's session 0.98% higher at $138.00. A total volume of 1.47 million shares was traded, which was above their three months average volume of 1.34 million shares. The Company's shares have advanced 0.28% in the last one month, 3.67% over the previous three months, and 4.45% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 2.30% and 6.87%, respectively. Additionally, shares of Chubb, which through its subsidiaries, provides insurance and reinsurance products worldwide, have an RSI of 56.14.
On March 24th, 2017, Chubb announced the appointment of Michael Ho to the role of Country President for Chubb Life, the life-insurance division of the Company, in Hong Kong. Mr. Ho will report to Chubb Life's Regional President in Asia/Pacific, Mr. Kevin Goulding. Get free access to your technical report on CB at:
http://stock-callers.com/registration/?symbol=CB
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Aktien in diesem Artikel
Allstate Corp. | 197,35 | -0,10% | |
Chubb Ltd | 130,00 | -1,52% | |
Old Republic International Corp. | 36,69 | -0,65% | |
Travelers Inc (Travelers Companies) | 250,50 | -0,04% |