The Travelers Companies (TRV) has risen sharply, recording gains of 0.79% in the past 4 weeks. However, the stock has corrected -0.28% in the past 1 week, providing a good buying opportunity on dips. The Travelers Companies (TRV) : Traders are bullish on The Travelers Companies (TRV) as it has outperformed the S&P 500 by a wide margin of 1% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.38%, relative to the S&P 500.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 0.42% and the fifty day Moving Average is 0.33%. The Travelers Companies, Inc. is up 3.2% in the last three month period. Year-to-Date the stock performance stands at 4.98%.
The Travelers Companies (TRV) has been rated by 7 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $128 and the lowest price target forecast is $92. The average forecast of all the analysts is $112.86 and the expected standard deviation is $12.4.
The Travelers Companies (NYSE:TRV): On Fridays trading session , Opening price of the stock was $118.07 with an intraday high of $118.8. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $116.64. However, the stock managed to close at $117.14, a loss of 0.52% for the day. On the previous day, the stock had closed at $117.75. The total traded volume of the day was 1,578,970 shares.
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.