The Travelers Companies (NYSE:TRV) : Zacks Investment Research ranks The Travelers Companies (NYSE:TRV) as 4, which is a Sell recommendation. 3 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 10 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 15 research analysts is 2.67, which indicates as a Hold.
The Travelers Companies (NYSE:TRV) : Average target price received by The Travelers Companies (NYSE:TRV) is $111.63 with an expected standard deviation of $10.2. The most aggressive target on the stock is $123, whereas the most downbeat target is $92. 8 financial analysts are currently covering the stock.
Company shares have received an average consensus rating of Hold for the current week Also, In a research note released to the investors, Argus Research downgrades its rating on The Travelers Companies (NYSE:TRV).The analysts at the brokerage house have a current rating of Hold on the shares. Earlier, the shares were rated a Buy by the brokerage firm. The rating by the firm was issued on April 27, 2016.
The Travelers Companies (NYSE:TRV): stock turned positive on Tuesday. Though the stock opened at $111.87, the bulls momentum made the stock top out at $114.15 level for the day. The stock recorded a low of $111.08 and closed the trading day at $114.13, in the green by 3.43%. The total traded volume for the day was 2,062,602. The stock had closed at $110.35 in the previous days trading.
In an insider trading activity, The officer (Vice Chairman and CFO), of Travelers Companies, Inc., Benet Jay S had unloaded 5,797 shares at $112.97 per share in a transaction on June 20, 2016. The total value of transaction was $654,887. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
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.