The Travelers Companies with ticker code (TRV) have now 16 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price High/Low ranges between 230 and 175 with the average target price sitting at $198.75. Given that the stocks previous close was at $172.21 this would imply there is now a potential upside of 15.4%. The 50 day moving average now sits at $184.40 and the 200 day MA is $174.39. The total market capitalization for the company now stands at $39,969m. You can visit the company’s website by visiting: https://www.travelers.com
The potential market cap would be $46,129m based on the market consensus.
The Travelers Companies, through its subsidiaries, provides a range of commercial and personal property, and casualty insurance products and services to businesses, government units, associations, and individuals in the United States and internationally. It operates through three segments: Business Insurance, Bond & Specialty Insurance, and Personal Insurance. The Business Insurance segment offers workers’ compensation, commercial automobile and property, general liability, commercial multi-peril, employers’ liability, public and product liability, professional indemnity, marine, aviation, onshore and offshore energy, construction, terrorism, personal accident, and kidnap and ransom insurance products. This segment operates through select accounts, which serve small businesses; commercial accounts that serve mid-sized businesses; national accounts, which serve large companies; and national property and other that serve large and mid-sized customers, commercial trucking industry, and agricultural businesses, as well as markets and distributes its products through brokers, wholesale agents, and program managers. The Bond & Specialty Insurance segment provides surety, fidelity, management and professional liability, and other property and casualty coverages and related risk management services through independent agencies and brokers. The Personal Insurance segment offers property and casualty insurance covering personal risks, primarily automobile and homeowners’ insurance to individuals through independent agencies and brokers. The Travelers Companies was founded in 1853 and is based in New York, New York.
The company has a dividend yield of 2.23% with the ex dividend date set at 9-3-2023 (DMY).
Other points of data to note are a P/E ratio of 14.14, revenue per share of 155.63 and a 1.96% return on assets.
