BMO Capital Increases Chubb (CB) Target, Cites Earnings Growth Potential

Group 1 - BMO Capital analyst Michael Zaremski raised the price objective on Chubb Limited (NYSE:CB) to $326 from $286, maintaining a Market Perform rating, indicating potential for earnings upside despite expectations of margin improvement leveling off [1] - Chubb has generated approximately $14.7 billion in free cash flow over the past 12 months, allowing for shareholder returns through dividends and stock buybacks, while also enabling reinvestment in the business [2] - The company has a strong investment portfolio, heavily invested in high-quality fixed-income securities, including US Treasuries, which provide a stable source of interest income, with $6.5 billion in net investment income reported as of the fourth quarter of 2025 [3] Group 2 - Chubb Limited operates as a global insurance holding company, headquartered in Switzerland, offering a wide range of insurance and reinsurance products across international markets [4]