8 Analysts Have This To Say About Travelers Companies
Portfolio Pulse from Benzinga Insights
8 analysts have recently updated their ratings and price targets for Travelers Companies (NYSE:TRV), showing a mix of neutral and bearish perspectives. The average 12-month price target is now $212.88, marking a 10.38% increase from the previous target of $192.86. Analysts from firms including Piper Sandler, UBS, RBC Capital, Keefe, Bruyette & Woods, Goldman Sachs, Raymond James, and Citigroup have adjusted their targets, reflecting changes in market conditions and company performance. Travelers Companies, known for its commercial and personal insurance lines, shows a positive revenue trend with a growth rate of 13.46% as of December 31, 2023, but faces challenges in net margin and ROA compared to industry averages.
April 01, 2024 | 6:00 pm
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POSITIVE IMPACT
Travelers Companies receives mixed analyst ratings with an updated average 12-month price target of $212.88, indicating a potential upside. The company's positive revenue trend contrasts with challenges in profitability metrics.
The updated analyst ratings and increased price target suggest a positive outlook for TRV, potentially leading to short-term price appreciation. However, the mixed nature of the ratings and the identified challenges in profitability metrics could temper investor enthusiasm, making the overall impact moderately positive.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100