Wells Fargo analyst Elyse Greenspan maintained a Hold rating on Travelers Companies (TRV) today and set a price target of $140. The company’s shares closed yesterday at $149.71, close to its 52-week high of $155.09.
According to TipRanks.com, Greenspan is a 4-star analyst with an average return of 6.6% and a 66.7% success rate. Greenspan covers the Financial sector, focusing on stocks such as American International Group, Marsh & Mclennan Companies, and AXA Equitable Holdings Inc.
Travelers Companies has an analyst consensus of Hold, with a price target consensus of $155.25, representing a 3.7% upside. In a report issued on July 19, Buckingham also downgraded the stock to Hold with a $158 price target.
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The company has a one-year high of $155.09 and a one-year low of $111.08. Currently, Travelers Companies has an average volume of 1.22M.
Based on the recent corporate insider activity of 72 insiders, corporate insider sentiment is negative on the stock. Most recently, in May 2019, 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.
