Travelers Companies (TRV) Gets a Hold Rating from Wells Fargo
In a report released today, Elyse Greenspan from Wells Fargo maintained a Hold rating on Travelers Companies (TRV), with a price target of $130. The company’s shares closed yesterday at $135.87, close to its 52-week high of $138.60.
According to TipRanks.com, Greenspan is a 4-star analyst with an average return of 4.2% and a 62.9% success rate. Greenspan covers the Financial sector, focusing on stocks such as American International Group, Marsh & Mclennan Companies, and Renaissancere Holdings Ltd.
The word on The Street in general, suggests a Hold analyst consensus rating for Travelers Companies with a $142.75 average price target.
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The company has a one-year high of $138.60 and a one-year low of $111.08. Currently, Travelers Companies has an average volume of 1.38M.
Based on the recent corporate insider activity of 63 insiders, corporate insider sentiment is negative on the stock. Most recently, in February 2019, William Heyman, the Vice Chairman & Chief Inv Off of TRV sold 3,500 shares for a total of $467,390.
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.