Professional
Added to YB: 2025-02-21
Pitch date: 2025-02-19
TRV [bullish]
The Travelers Companies, Inc.
+29.68%
current return
Author Info
No bio for this author
Company Info
The Travelers Companies, Inc., through its subsidiaries, provides a range of commercial and personal property, and casualty insurance products and services to businesses, government units, associations, and individuals in the United States, Canada, and internationally.
Market Cap
N/A
Pitch Price
$236.92
Price Target
286.00 (-7%)
Dividend
N/A
EV/EBITDA
N/A
P/E
9.09
EV/Sales
N/A
Sector
Insurance
Category
value
Keefe, Bruyette & Woods Upgrades Travelers (TRV) on Reserve Strength, Price Target Raised to $286
TRV: KBW upgrades to Outperform, PT $286 (11.5x 2026E EPS). Est. $1.39B GAAP reserve overstatement, mainly workers' comp, personal lines, fidelity & surety redundancies offsetting general liability deficiencies. 2024 saw major releases in these areas, partly offset by BI segment strengthening.
Read full article (1 min)