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Fly News Breaks for April 22, 2015
TRV
Apr 22, 2015 | 09:12 EDT
Argus believes that Travelers' valuation is attractive after the stock sold off following its earnings. The firm thinks the company's 11% dividend increase is a sign of confidence. It keeps a $120 price target and Buy rating on the shares.
News For TRV From the Last 2 Days
TRV
Apr 18, 2024 | 08:53 EDT
RBC Capital lowered the firm's price target on Travelers to $225 from $230 and keeps a Sector Perform rating on the shares. The company's Q1 results were impacted by larger-than-normal catastrophe losses, but its overall core margin improvement across the platform was solid, the analyst tells investors in a research note. Travelers' Personal Insurance trends also show that rate progress in recent quarters is starting to visibly benefit combined ratios, RBC added.
