Analysts Offer Insights on Financial Companies: QBE Insurance Group Limited (OtherQBEIF) and Travelers Companies (TRV)
Companies in the Financial sector have received a lot of coverage today as analysts weigh in on QBE Insurance Group Limited (QBEIF – Research Report) and Travelers Companies (TRV – Research Report).
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QBE Insurance Group Limited (QBEIF)
In a report released today, Andrei Stadnik from Morgan Stanley maintained a Buy rating on QBE Insurance Group Limited, with a price target of A$22.80. The company’s shares closed last Monday at $13.28.
According to TipRanks.com, Stadnik is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for QBE Insurance Group Limited with a $15.07 average price target, which is a 13.5% upside from current levels. In a report issued on January 8, Macquarie also maintained a Buy rating on the stock with a A$22.90 price target.
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Travelers Companies (TRV)
William Blair analyst Adam Klauber maintained a Hold rating on Travelers Companies today. The company’s shares closed last Wednesday at $272.65.
According to TipRanks.com, Klauber is a 3-star analyst with an average return of
Travelers Companies has an analyst consensus of Hold, with a price target consensus of $303.54, which is a 10.6% upside from current levels. In a report issued on January 9, Citi also assigned a Hold rating to the stock with a $291.00 price target.
