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.