Citigroup Stick to Their Hold Rating for The Travelers Companies Inc By Fintech Zoom
Citigroup (NYSE🙂 analyst Suneet Kamath maintained a Hold rating on The Travelers Companies Inc (NYSE🙂 on Monday, setting a price target of $160, which is approximately 10.53% above the present share price of $144.76.
Kamath expects The Travelers Companies Inc to post earnings per share (EPS) of $2.89 for the second quarter of 2021.
The current consensus among 9 TipRanks analysts is for a Hold rating of shares in Travelers Companies, with an average price target of $162.25.
The analysts price targets range from a high of $175 to a low of $153.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $8.31 billion and a net profit of $0. The company’s market cap is $36.4 billion.
According to TipRanks.com, Citigroup analyst Suneet Kamath is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 6.5% and a 61.54% success rate.
The Travelers Cos., Inc. is a New York-based company and was founded in 1853. The company provides commercial and personal property, and casualty insurance products and services to businesses, government units, associations, and individuals. The company operates through three segments: Business Insurance, Bond & Specialty Insurance, and Personal Insurance.
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