Travelers Companies (TRV) Receives a Sell from Morgan Stanley

By Jason Carr

In a report released today, Kai Pan from Morgan Stanley maintained a Sell rating on Travelers Companies (TRVResearch Report), with a price target of $119. The company’s shares opened today at $117.05, close to its 52-week low of $111.08.

According to, Pan is a 3-star analyst with an average return of 1.0% and a 51.4% success rate. Pan covers the Financial sector, focusing on stocks such as American International Group, Marsh & Mclennan Companies, and Renaissancere Holdings Ltd.

Currently, the analyst consensus on Travelers Companies is a Hold with an average price target of $137.33.

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Based on Travelers Companies’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $7.72 billion and net profit of $704 million. In comparison, last year the company earned revenue of $7.45 billion and had a net profit of $547 million.

Based on the recent corporate insider activity of 77 insiders, corporate insider sentiment is negative on the stock.

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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 segments: Business Insurance; Bond and Specialty Insurance; and Personal Insurance.