Chubb price target raised to $326 from $286 at BMO Capital

BMO Capital analyst Michael Zaremski raised the firm’s price target on Chubb (CB) to $326 from $286 and keeps a Market Perform rating on the shares after its Q4 results last week. Consensus expects the company’s meaningful margin improvement to come to a complete halt, but the firm contends that there’s still some incremental EPS upside from reserve releases and investment income tailwinds, the analyst tells investors in a research note.