UBS Reiterates Neutral Rating on Travelers (TRV)
Get Alerts TRV Hot Sheet
Rating Summary:
11 Buy, 26 Hold, 2 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 1 | Down: 4 | New: 14
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UBS analyst Brian Meredith reiterated a Neutral rating and $290.00 price target on Travelers (NYSE: TRV).
The analyst commented, "We expect a Neutral to modestly positive reaction to the strong beat including better underlying margins and better than expected share buybacks. The strong earnings are tempered by minimal premium growth overall with renewal rate (and RPC) in Business Insurance slowing quicker than expected (renewal rate appears to be below loss trend). Key topics for the call will be how current BI renewal rate compares to loss trend, the outlook for underlying underwriting margins (both BI and Personal) in 2026, and competitive conditions in personal auto insurance and impact on growth prospects."
For an analyst ratings summary and ratings history on Travelers click here. For more ratings news on Travelers click here.
Shares of Travelers closed at $272.65 yesterday.
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