BMO Capital Markets Initiates Coverage of Travelers (TRV)

BMO Capital Markets reported on Thursday that it has initiated coverage of insurance company, Travelers Companies Inc (TRV).

The firm has begun coverage of TRV with an “Outperform” rating and $95 price target. This price target suggests a 11% upside from the stock’s current price of $84.32.

Travelers shares were down 64 cents, or -0.75% during Thursday morning trading. The stock has increased 42% in the past year.

The Bottom Line
Shares of Travelers Companies Inc (TRV) have a 2.18% yield, based Thursday morning’s price of $84.45.

Travelers Companies Inc (TRV) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

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