Loews traded at $110.58 this Tuesday June 23rd, increasing $2.45 or 2.27 percent since the previous trading session. Looking back, over the last four weeks, Loews gained 1.37 percent. Over the last 12 months, its price rose by 22.89 percent. Looking ahead, we forecast Loews to be priced at 105.07 by the end of this quarter and at 98.71 in one year, according to Trading Economics global macro models projections and analysts expectations.
Loews Corporation is a holding company. The Company’s segments consisted of three individual operating subsidiaries, including CNA Financial Corporation (CNA), Boardwalk Pipeline Partners, LP (Boardwalk Pipeline) and Loews Hotels Holding Corporation (Loews Hotels). The CNA segment provides insurance products, such as commercial property and casualty coverage, including surety, and its services also include risk management, information services, warranty and claims administration. The CNA segment lead business, commercial property and casualty insurance operations include Specialty, Commercial and International lines of business. The Boardwalk Pipeline segment is engaged in the business of natural gas, natural gas liquids, hydrocarbons transportation and storage. The Boardwalk Pipelines segment owns and operates approximately 13,650 miles of interconnected natural gas pipelines serving customers in over 13 states. The Loews Hotels segment operates a chain of approximately 27 hotels.