HSBC Downgrades Chubb (CB) Stock to Hold from Buy

Chubb Limited (NYSE:CB) is one of the Most Undervalued Long Term Stocks to Buy According to Hedge Funds. On August 1, HSBC downgraded the company’s stock to “Hold” from “Buy” with a price objective of $300, down from the prior target of $317, as reported by The Fly. The firm sees pricing pressure in Chubb Limited (NYSE:CB)’s commercial property, keeping investor interest subdued.  Furthermore, the downward momentum in pricing can make cycle management more difficult, noted the firm’s analyst.

Chubb Limited (NYSE:CB) reported net income for Q2 2025 of $2.97 billion, or $7.35 per share, and core operating income of $2.48 billion, or $6.14 per share. Book value per share and tangible book value per share rose 6.1% and 8.0%, respectively, from March 31, 2025, and now stand at $174.07 and $112.64. Notably, book value was favorably affected by the after-tax net realized and unrealized gains of $1.54 billion in Chubb Limited (NYSE:CB)’s investment portfolio and $700 million of foreign currency gains.

Chubb Limited (NYSE:CB) produced $2.5 billion in core operating income, reflecting a rise of ~13% from a year ago, with operating EPS rising 14%, thanks to the record underwriting and healthy investment income, and double-digit growth in life income.

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Disclosure: None. This article is originally published at Insider Monkey.