BMO Capital Markets Initiates Coverage of Travelers (TRV)

BMO Capital Markets Initiates Coverage of Travelers (TRV)

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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.

Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

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