The Travelers Companies (NYSE:TRV) stock is expected to deviate a maximum of $10.91 from the average target price of $112.13 for the short term period. 8 Street Experts have initiated coverage on the stock with the most promising target being $127 and the most muted being $92.
Shares of The Travelers Companies, Inc. rose by 4.56% in the last five trading days and 4.27% for the last 4 weeks. The Travelers Companies, Inc. is up 1.99% in the last 3-month period. Year-to-Date the stock performance stands at 6.69%.
The Travelers Companies (NYSE:TRV) : The consensus on The Travelers Companies (NYSE:TRV) based on 15 analyst recommendation on the company stock is 2.53, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 4 which endorses a Sell on the stock. However, 4 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 9 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.
The Travelers Companies (NYSE:TRV): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $116.91 and $116.83 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $119.05. The buying momentum continued till the end and the stock did not give up its gains. It closed at $119.04, notching a gain of 1.91% for the day. The total traded volume was 2,584,307 . The stock had closed at $116.81 on the previous day.
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.