KBW Believes Travelers Companies (NYSE: TRV) Won’t Stop Here

By Ryan Adsit

In a report issued on December 4, Meyer Shields from KBW reiterated a Buy rating on Travelers Companies (NYSE: TRV), with a price target of $152. The company’s shares opened today at $135.36, close to its 52-week high of $137.95.

According to TipRanks.com, Shields is a 4-star analyst with an average return of 7.4% and a 72.1% success rate. Shields covers the Financial sector, focusing on stocks such as Argo Group International Holdings Ltd, Universal Insurance Holdings Inc, and Infinity Property and Casualty.

Travelers Companies has an analyst consensus of Moderate Buy, with a price target consensus of $140.50.

Travelers Companies’ market cap is currently $37.04B and has a P/E ratio of 15.71. The company has a book value ratio of 1.5607.

Based on the recent corporate insider activity of 99 insiders, corporate insider sentiment is negative on the stock. Last month, Maria Olivo, the EVP-Treasurer of TRV sold 33,225 shares for a total of $4,457,972.

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. operates as a holding company, which engages in the insurance business. It operates through the following segments: Business and International Insurance; Bond & Specialty Insurance; and Personal Insurance. The Business and International Insurance segment offers property and casualty insurance; and insurance related services.