RBC Capital Sticks to Their Hold Rating for Travelers Companies (TRV)
In a report released today, Scott Heleniak from RBC Capital maintained a Hold rating on Travelers Companies (TRV – Research Report), with a price target of $225.00. The company’s shares closed last Friday at $209.80.
According to TipRanks, Heleniak is a 5-star analyst with an average return of 16.0% and an 84.15% success rate. Heleniak covers the Financial sector, focusing on stocks such as Reinsurance Group, Selective Insurance Group, and Travelers Companies.
Travelers Companies has an analyst consensus of Hold, with a price target consensus of $231.25.
TRV market cap is currently $48.04B and has a P/E ratio of 15.59.
Based on the recent corporate insider activity of 107 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TRV in relation to earlier this year. Most recently, in April 2024, Michael Frederick Klein, the EVP & President, Personal Ins of TRV sold 10,000.00 shares for a total of $2,139,594.73.
TipRanks tracks over 100,000 company insiders, identifying the select few who excel in timing their transactions. By upgrading to TipRanks Premium, you will gain access to this exclusive data and discover crucial insights to guide your investment decisions. Begin your TipRanks Premium journey today.
Travelers Companies (TRV) Company Description:
The Travelers Cos., Inc. is a New York-based company and was founded in 1853. The company provides commercial and personal property, and casualty insurance products and services to businesses, government units, associations, and individuals. The company operates through three segments: Business Insurance, Bond & Specialty Insurance, and Personal Insurance.
