In a report released yesterday, Meyer Shields from KBW maintained a Hold rating on Travelers Companies (TRV – Research Report), with a price target of $231.00. The company’s shares closed yesterday at $206.58.
Shields covers the Financial sector, focusing on stocks such as Axis Capital, Progressive, and American Financial Group. According to TipRanks, Shields has an average return of 13.1% and a 70.10% success rate on recommended stocks.
In addition to KBW, Travelers Companies also received a Hold from JMP Securities’s Matthew Carletti in a report issued yesterday. However, on the same day, Roth MKM assigned a Buy rating to Travelers Companies (NYSE: TRV).
The company has a one-year high of $232.75 and a one-year low of $155.76. Currently, Travelers Companies has an average volume of 1.43M.
Based on the recent corporate insider activity of 85 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TRV in relation to earlier this year. Last month, Daniel Tei-Hwa Yin, the EVP & Co-Chief Invest. Officer of TRV sold 9,502.00 shares for a total of $2,103,172.68.
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Travelers Companies (TRV) Company Description:
The Travelers Cos., Inc. is a New York-based company and was founded in 1853. The company provides commercial and personal property, and casualty insurance products and services to businesses, government units, associations, and individuals. The company operates through three segments: Business Insurance, Bond & Specialty Insurance, and Personal Insurance.
