MKM Partners Maintains Buy Rating for Cincinnati Financial: Here's What You Need To Know

MKM Partners has decided to maintain its Buy rating of Cincinnati Financial CINF and raise its price target from $120.00 to $130.00.

Shares of Cincinnati Financial are trading down 1.89% over the last 24 hours, at $108.32 per share.

A move to $130.00 would account for a 20.01% increase from the current share price.

About Cincinnati Financial

Cincinnati Financial Corp is a property and casualty insurance company that generates income through written premiums. A select group of independent agencies actively markets the company's business, home, and automotive insurance within their communities. These agents offer the company's personal lines as well as its standard market, excess, and surplus commercial line policies in many regions in the United States. Cincinnati Financial also offers leasing and financing services. The vast majority of the company's revenue is generated through commercial lines, followed by personal lines.

About Analyst Ratings

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.