Why Chubb Stock Just Popped
Chubb Limited (NYSE: CB) stock jumped 3.6% through 1:05 p.m. ET Thursday after insurance industry reporter Insurance Insider reported Chubb "has made an informal takeover approach" to rival insurer American International Group (NYSE: AIG).
Choosing its words carefully, a Chubb spokesperson denied the company has made "an offer" to buy AIG. But that wasn't exactly the question asked...
Source Fool.com
American International Group Inc. Stock
€65.19
3.950%
With 23 Buy predictions and not a single Sell prediction American International Group Inc. is an absolute favorite of our community.
As a result the target price of 82 € shows a positive potential of 25.79% compared to the current price of 65.19 € for American International Group Inc..
