Travelers Companies Inc. (NYSE:TRV) does about 1.26M shares in volume on a normal day but saw 908080 shares change hands in the recent trading day. The company now has a market cap of 55.05B USD. Its current market price is $241.54, marking a decrease of -0.30% compared to the previous close of $242.26. The 52 week high reached by this stock is $242.89 whilst the lowest price level in 52 weeks is $157.33. The script in recent trading has seen the stock touch a high of $286 and a low of $152.
Travelers Companies Inc. (TRV) has a 20-day trading average at $229.57 and the current price is -0.56% off the 52-week high compared with 53.52% distance from its 52-week low. The 50-day simple moving average of the closing price is $219.15 and its 200-day simple moving average is $212.11. If we look at the stock’s price movements over the week, volatility stands at 2.19%, which decreases to 1.72% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 69.22 to suggest the stock is neutral.
13 analysts observing the Travelers Companies Inc. (TRV) stock have set the 12-month price targets for the company’s shares at between $152 and $286. The consensus objective for the share price is $228.27, suggesting that the stock has a potential downside of -5.81% over the period. The median price target is -7.35% away from the current levels at $225.
FactSet Research has provided data showing that 13 brokerages have issued ratings for the stock. 2 analysts have rated it as a sell, while 1 advise that it is a overweight. 4 analysts have rated it as a buy and 6 have advised that investors hold their positions. The consensus recommendation rating is Hold and Wall Street’s advice is for investors to Moderate Buy the stock.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on September 05, 2024 when Barclays initiated the stock to “Overweight” and issued a price target of $286. TD Cowen downgraded the stock to “Hold” from Buy on July 15, 2024 at a price target of $252-$230.
The current price level is 5.73%, 10.59%, and 14.05% away from its SMA20, SMA50, and SMA200 respectively, with the TRV price moving above the 50-day SMA on current market day. Travelers Companies Inc. (TRV) stock is up 1.13% over the week and 11.53% over the past month. Its price is 26.80% year-to-date and 46.57% over the past year.
Its 12-month price target is $225. To reach the target analysts have set, the stock logically needs to shrink -5.81 percent from here. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $152, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $286.
Outstanding shares total 228.20M with insiders holding 0.24% of the shares and institutional holders owning 85.73% of the company’s common stock. The company has a return on investment of 11.16% and return on equity of 15.77%. The price to earnings ratio (P/E ratio) amounts to 15.28 while the forward price to earnings ratio is 11.71. The beta has a value of 0.62. Price to book ratio is 2.21 and price to sales ratio is 1.25.
