UPDATE: Stifel Nicolaus Raises PT to Cincinnati Financial Corporation on


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Stifel Nicolaus maintained Cincinnati Financial Corporation (NASDAQ: CINF) with a Buy rating and raised the price target from $45.00 to $50.00.Stifel Nicolaus noted, "CINF shares currently trade at 132% of book value, a 32% premium to peers that we attribute mostly to its above-average dividend. We expect modest book value multiple expansion as CINF's ROE outlook improves over the next 12-18 months. Our $50 target price represents about 146% of YE13 book value (100% of book value excluding the roughly $15 that weattribute to its above-peer dividend)."Cincinnati Financial Corporation closed at $44.40 on Thursday.

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: Analyst ColorPrice TargetAnalyst RatingsStifel Nicolaus