Skip to main content
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Offer Insights on Financial Companies: Travelers Companies (TRV), RLI (RLI) and Ally Financial (ALLY)

Tipranks - Fri Jan 23, 7:28AM CST

Analysts have been eager to weigh in on the Financial sector with new ratings on Travelers Companies (TRVResearch Report), RLI (RLIResearch Report) and Ally Financial (ALLYResearch Report).

Claim 50% Off TipRanks Premium

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 $272.65.

According to TipRanks.com, Motemaden is a 4-star analyst with an average return of 8.0% and a 69.1% success rate. Motemaden covers the Financial sector, focusing on stocks such as Neptune Insurance Holdings, Inc. Class A, Fidelis Insurance Holdings Ltd., and American International Group. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Travelers Companies with a $302.29 average price target, representing a 10.1% upside. In a report issued on January 14, Cantor Fitzgerald also maintained a Buy rating on the stock with a $316.00 price target.

See today’s best-performing stocks on TipRanks >>

RLI (RLI)

Truist Financial analyst Mark Hughes maintained a Hold rating on RLI today. The company’s shares closed last Wednesday at $59.06.

According to TipRanks.com, Hughes is a 5-star analyst with an average return of 16.2% and a 70.6% success rate. Hughes covers the Financial sector, focusing on stocks such as Skyward Specialty Insurance Group, Inc., Heritage Insurance Holdings, and Fidelity National Financial. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for RLI with a $71.50 average price target, representing a 19.8% upside. In a report issued on January 15, Wells Fargo also initiated coverage with a Hold rating on the stock with a $62.00 price target.

Ally Financial (ALLY)

In a report released today, Jeffrey Adelson from Morgan Stanley maintained a Buy rating on Ally Financial, with a price target of $53.00. The company’s shares closed last Wednesday at $42.43.

According to TipRanks.com, Adelson is ranked 0 out of 5 stars with an average return of -10.1% and a 40.2% success rate. Adelson covers the Financial sector, focusing on stocks such as Bread Financial Holdings, Capital One Financial, and Synchrony Financial. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Ally Financial with a $53.92 average price target, implying a 33.2% upside from current levels. In a report issued on January 12, J.P. Morgan also maintained a Buy rating on the stock with a $48.00 price target.

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.