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
€65.78
-0.600%
With 17 Buy predictions and not the single Sell prediction the community is currently very high on American International Group Inc..
As a result the target price of 78 € shows a slightly positive potential of 18.58% compared to the current price of 65.78 € for American International Group Inc..
