Friday, December 28, 2012

Travelers Companies (NYSE: TRV) stock rating by thestreet ratings

Best Insurance Tock - Travelers Companies stock rating by thestreet ratings : The Travelers Companies, Inc. (TRV) is a holding company. The Company, through its subsidiaries, is engaged in providing a range of commercial and personal property and casualty insurance products and services to businesses, Government units, associations and individuals., reiterated their buy rating on shares of The Travelers Companies (NYSE: TRV) in a research report sent to investors on Friday morning.

TRV has been the subject of a number of other recent research reports. Analysts at RBC Capital upgraded shares of The Travelers Companies from an outperform rating to a top pick rating in a research note to investors on Monday, December 17th. They now have a $87.00 price target on the stock, up previously from $85.00. Separately, analysts at Sanford C. Bernstein reiterated a market perform rating on shares of The Travelers Companies in a research note to investors on Thursday, December 6th. They now have a $77.00 price target on the stock. Finally, analysts at Zacks downgraded shares of The Travelers Companies from an outperform rating to a neutral rating in a research note to investors on Monday, November 26th. They now have a $75.00 price target on the stock.

The Travelers Companies traded down 0.17% on Friday, hitting $71.70. The Travelers Companies has a 1-year low of $55.86 and a 1-year high of $74.70. The stock’s 50-day moving average is currently $71.43. The company has a market cap of $27.350 billion and a price-to-earnings ratio of 10.25.

The Travelers Companies last announced its earnings results on Thursday, October 18th. The company reported $2.22 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.54 by $0.68. The company’s quarterly revenue was up .4% on a year-over-year basis. On average, analysts predict that The Travelers Companies will post $5.53 earnings per share for the current fiscal year.

To view TheStreet’s full report, visit www.thestreetratings.com

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