Barclays Believes Travelers Companies (TRV) Won’t Stop Here


Barclays analyst Jay Gelb maintained a Buy rating on Travelers Companies (TRV) on May 21 and set a price target of $170. The company’s shares closed yesterday at $147.96, close to its 52-week high of $148.85.

According to TipRanks.com, Gelb is a 5-star analyst with an average return of 7.8% and a 68.5% success rate. Gelb covers the Financial sector, focusing on stocks such as American International Group, Renaissancere Holdings Ltd, and AXA Equitable Holdings Inc.

Travelers Companies has an analyst consensus of Hold, with a price target consensus of $144.17.

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Travelers Companies’ market cap is currently $38.75B and has a P/E ratio of 15.02. The company has a Price to Book ratio of 1.59.

Based on the recent corporate insider activity of 74 insiders, corporate insider sentiment is negative on the stock. Earlier this month, William Heyman, the Vice Chairman & Chief Inv Off of TRV sold 10,000 shares for a total of $1,477,500.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

The Travelers Cos., Inc. is a holding company, which engages in the provision of commercial and personal property and casualty insurance products and services. It operates through the following business segments: Business Insurance; Bond and Specialty Insurance; and Personal Insurance.

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