Analysts Offer Insights on Financial Companies: Travelers Companies (TRV) and Progressive (PGR)
Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Travelers Companies (TRV – Research Report) and Progressive (PGR – Research Report).
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Travelers Companies (TRV)
In a report released today, David Motemaden from Evercore ISI maintained a Buy rating on Travelers Companies, with a price target of $317.00. The company’s shares closed last Wednesday at $297.44.
According to TipRanks.com, Motemaden is a 4-star analyst with an average return of
Currently, the analyst consensus on Travelers Companies is a Moderate Buy with an average price target of $303.31.
See the top stocks recommended by analysts >>
Progressive (PGR)
In a report released today, Adam Klauber from William Blair maintained a Hold rating on Progressive. The company’s shares closed last Wednesday at $204.41, close to its 52-week low of $201.34.
According to TipRanks.com, Klauber is ranked 0 out of 5 stars with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Progressive with a $242.80 average price target, which is a 16.5% upside from current levels. In a report issued on February 11, Jefferies also maintained a Hold rating on the stock with a $216.00 price target.
