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Piper Sandler Keeps Their Hold Rating on Cincinnati Financial (CINF)

Tipranks - Tipranks - Wed May 27, 6:04AM CDT

Piper Sandler analyst Paul Newsome maintained a Hold rating on Cincinnati Financial today and set a price target of $175.00.

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According to TipRanks, Newsome is a 5-star analyst with an average return of 11.2% and a 66.46% success rate. Newsome covers the Financial sector, focusing on stocks such as Accelerant Holdings Class A, Neptune Insurance Holdings, Inc. Class A, and Prudential Financial.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Cincinnati Financial with a $184.75 average price target.

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Based on Cincinnati Financial’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $2.86 billion and a net profit of $274 million. In comparison, last year the company earned a revenue of $2.57 billion and had a GAAP net loss of $90 million

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