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Analysts Offer Insights on Financial Companies: Travelers Companies (TRV) and Zions Bancorporation National Association (ZION)

Tipranks - Wed Jul 22, 4:06AM CDT

Analysts are pulling back from the Financial sector as 2 experts expressed today bearish sentiments on Travelers Companies (TRV) and Zions Bancorporation National Association (ZION).

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Travelers Companies (TRV)

In a report released today, Alex Scott from Barclays maintained a Sell rating on Travelers Companies, with a price target of $318.00. The company’s shares closed last Monday at $368.50.

According to TipRanks.com, Scott is a 5-star analyst with an average return of 7.3% and a 60.4% success rate. Scott covers the Financial sector, focusing on stocks such as Skyward Specialty Insurance Group, Inc., Hamilton Insurance Group, Ltd. Class B, and Jackson Financial Incorporation. ;'>

Travelers Companies has an analyst consensus of Hold, with a price target consensus of $343.50, which is a -6.6% downside from current levels. In a report issued on July 13, TD Cowen also downgraded the stock to Sell with a $297.00 price target.

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Zions Bancorporation National Association (ZION)

Barclays analyst Jason Goldberg maintained a Sell rating on Zions Bancorporation National Association today and set a price target of $72.00. The company’s shares closed last Monday at $71.89.

According to TipRanks.com, Goldberg is a 5-star analyst with an average return of 15.4% and a 70.4% success rate. Goldberg covers the Financial sector, focusing on stocks such as First Citizens BancShares, Bank of New York Mellon, and Huntington Bancshares. ;'>

Currently, the analyst consensus on Zions Bancorporation National Association is a Hold with an average price target of $72.50.

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