The Travelers Companies (NYSE:TRV): The mean estimate for the short term price target for The Travelers Companies (NYSE:TRV) stands at $111.63 according to 8 Analysts. The higher price target estimate for the stock has been calculated at $123 while the lower price target estimate is at $92.
Many analysts have stated their opinion on the company shares. Argus Research downgrades its view on The Travelers Companies (NYSE:TRV) according to the research report released by the firm to its investors. The shares have now been rated Hold by the stock experts at the ratings house. Earlier, the shares had a rating of Buy. The rating by the firm was issued on April 27, 2016. Company shares have received an average consensus rating of Hold for the current week
On the companys insider trading activities, The officer (Vice Chairman and CFO), of Travelers Companies, Inc., Benet Jay S had unloaded 5,797 shares at $114.75 per share in a transaction on June 6, 2016. The total value of transaction was $665,206. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
The Travelers Companies (NYSE:TRV) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.81 points or 0.71% at $113 with 1,363,406 shares getting traded. Post opening the session at $113.61, the shares hit an intraday low of $112.89 and an intraday high of $114.56 and the price was in this range throughout the day. The company has a market cap of $33,041 million and the number of outstanding shares have been calculated to be 292,394,630 shares. The 52-week high of The Travelers Companies (NYSE:TRV) is $118.28 and the 52-week low is $95.21.
The Travelers Companies, Inc. is a holding company. Through its subsidiaries, the Company is engaged in providing a range of commercial and personal property and casualty insurance products and services to businesses, Government units, associations and individuals. The Company has three operating segments: Business and International Insurance segment, Bond & Specialty Insurance segment and the Personal Insurance segment. Business and International Insurance segment offers a range of property and casualty insurance and insurance related services to its customers, primarily in the United States, as well as in Canada, the United Kingdom, the Republic of Ireland and throughout other parts of the world. Bond & Specialty Insurance segment provides surety, crime, management and professional liability coverages, and related risk management services. Personal Insurance segment includes a range of property and casualty insurance covering individuals personal risks.