There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on RLJ Lodging (RLJ) and Travelers Companies (TRV) with bullish sentiments.
RLJ Lodging (RLJ)
Barclays analyst Anthony Powell maintained a Buy rating on RLJ Lodging yesterday and set a price target of $20. The company’s shares closed last Monday at $16.26, close to its 52-week low of $15.91.
According to TipRanks.com, Powell is a 3-star analyst with an average return of 2.0% and a 43.2% success rate. Powell covers the Financial sector, focusing on stocks such as Hersha Hospitality Trust, Apple Hospitality REIT, and Host Hotels & Resorts.
RLJ Lodging has an analyst consensus of Hold, with a price target consensus of $18.
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Travelers Companies (TRV)
Barclays analyst Jay Gelb maintained a Buy rating on Travelers Companies yesterday and set a price target of $177. The company’s shares closed last Monday at $146.45.
According to TipRanks.com, Gelb is a 5-star analyst with an average return of 7.4% and a 65.0% success rate. Gelb covers the Financial sector, focusing on stocks such as American International Group, Renaissancere Holdings Ltd, and Prudential Financial Inc.
Currently, the analyst consensus on Travelers Companies is a Hold with an average price target of $154.67.
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