Why The Travelers Companies, Inc. (NYSE:TRV) Is In News?


Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $114.29 on The Travelers Companies, Inc. (NYSE:TRV) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $9.51 for the next fiscal and $N/A for underway quarter.

Valuation Estimates

Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of The Travelers Companies, Inc. (NYSE:TRV) stands at 11.38.

Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For The Travelers Companies, Inc. C, the PEG ratio for coming 3-5 years is 2.76.

Technical Analysis

The technical analysis highlights that The Travelers Companies, Inc. C current is trading $1.40 points away or +1.20% from its 50-day moving average of $116.81. Further it is trading $5.26 or +4.66% away its 200-day moving average of $112.95.

The 52-week high of The Travelers Companies, Inc. (NYSE:TRV) was $119.30 while lowest point recorded in 52-week was $95.21. It implies if stock price makes a movement of over $-1.09, it will record a new 52-week high. In the case of +24.16% drop, it will touch a new 52-week low.

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