The Travelers Companies (TRV) has an average broker rating of 2.53, which is interpreted as a Hold, as rated by 15 equity analysts. Nonetheless, 4 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 9 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 4, which is also a Sell. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.
The Travelers Companies (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.
The Travelers Companies (NYSE:TRV): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $118.38 and $118.05 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $118.97. The buying momentum continued till the end and the stock did not give up its gains. It closed at $118.76, notching a gain of 0.07% for the day. The total traded volume was 1,360,410 . The stock had closed at $118.68 on the previous day.
Also, Major Brokerage house, Bank of America upgrades its ratings on The Travelers Companies (NYSE:TRV). According to the latest information available, the shares are now rated Buy by the analysts at the agency. Previously, the analysts had a Neutral rating on the shares. The rating by the firm was issued on June 28, 2016. The company shares have rallied 20.17% from its 1 Year high price. On Jul 1, 2016, the shares registered one year high at $119.30 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $113.57 and the 200 Day Moving Average price is recorded at $111.41.
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.