RBC Capital analyst Mark Dwelle maintained a Buy rating on Cincinnati Financial Corp (NASDAQ:CINF). on Friday, setting a price target of $119, which is approximately 0.11% above the present share price of $118.87.
Dwelle expects Cincinnati Financial Corp. to post earnings per share (EPS) of $3.85 for the third quarter of 2021.
The current consensus among 3 TipRanks analysts is for a Moderate Buy rating of shares in Cincinnati Financial, with an average price target of $115.
The analysts price targets range from a high of $119 to a low of $110.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $2.23 billion and a net profit of $0. The company's market cap is $18.91 billion.
According to TipRanks.com, RBC Capital analyst Mark Dwelle is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 12.1% and a 59.42% success rate.
Cincinnati Financial Corp. provides property casualty and life insurance services. It operates through the following segments: Commercial Lines Insurance, Personal Lines Insurance, Excess & Surplus Lines Insurance, Life Insurance and Investments. The Commercial Lines Insurance segment includes commercial casualty, commercial property, commercial auto, worker's compensation, and other commercial lines insurance. The Personal Lines Insurance segment manages personal auto, homeowner, and other personal lines insurance. The Excess & Surplus Lines Insurance segment covers business risks such as the nature of the business or its claim history, that are difficult to profitably insure in the standard commercial lines market. The Life Insurance segment offers term life insurance, universal life insurance, worksite products, and whole life insurance services. The Investment segment generates revenue from the fixed-maturity investment and equity investment. The company was founded by John Jack Schiff Sr., Robert Cleveland Schiff, and Harry M. Turner in 1968 and is headquartered in Fairfield, OH.