Analysts Offer Insights on Financial Companies: Chubb Corp (NYSE: CB), United Bankshares (NASDAQ: UBSI) and Franklin Resources (NYSE: BEN)

By Jason Carr

Analysts have been eager to weigh in on the Financial sector with new ratings on Chubb Corp (NYSE: CB), United Bankshares (NASDAQ: UBSI) and Franklin Resources (NYSE: BEN).

Chubb Corp (NYSE: CB)

KBW analyst Arash Soleimani reiterated a Buy rating on Chubb Corp (NYSE: CB) yesterday and set a price target of $150. The company’s shares closed yesterday at $144.85, equals to its 52-week high of $144.85.

According to TipRanks.com, Soleimani is a 1-star analyst with an average return of -0.9% and a 49.1% success rate. Soleimani covers the Financial sector, focusing on stocks such as Argo Group International Holdings Ltd, Universal Insurance Holdings Inc, and Infinity Property and Casualty.

Chubb Corp has an analyst consensus of Strong Buy, with a price target consensus of $147.50.

United Bankshares (NASDAQ: UBSI)

In a report released yesterday, Catherine Mealor from KBW reiterated a Hold rating on United Bankshares (NASDAQ: UBSI), with a price target of $42. The company’s shares closed yesterday at $39.

According to TipRanks.com, Mealor is a 5-star analyst with an average return of 14.8% and a 76.8% success rate. Mealor covers the Financial sector, focusing on stocks such as Union First Market Bankshares Corp, American National Bankshares, and Community Bankers Trust Corp.

Currently, the analyst consensus on United Bankshares is Hold and the average price target is $43.50, representing an 11.5% upside.

In a report issued on May 18, Boenning & Scattergood also upgraded the stock to Hold.
Franklin Resources (NYSE: BEN)

KBW analyst Robert Lee reiterated a Hold rating on Franklin Resources (NYSE: BEN) yesterday and set a price target of $47. The company’s shares closed yesterday at $42.75, close to its 52-week high of $44.35.

According to TipRanks.com, Lee is a 5-star analyst with an average return of 7.6% and a 68.6% success rate. Lee covers the Financial sector, focusing on stocks such as Apollo Global Management LLC, Oaktree Capital Group Llc, and SEI Investments Company.

Currently, the analyst consensus on Franklin Resources is Moderate Sell and the average price target is $40.75, representing a -4.7% downside.

In a report issued on May 22, Jefferies also reiterated a Hold rating on the stock with a $39 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.