How Analysts Feel About Travelers Companies Inc After Today’s Bullish Options Activity?

 How Analysts Feel About Travelers Companies Inc After Today's Bullish Options Activity?

In today’s session Travelers Companies Inc (TRV) registered an unusually high (1,310) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the November, 2016 call, expecting serious TRV increase. With 1,310 contracts traded and 2844 open interest for the Nov, 16 contract, it seems this is a quite bullish bet. The option with symbol: TRV161118C00120000 closed last at: $0.8 or 5.9% down. About 416,201 shares traded hands. Travelers Companies Inc (NYSE:TRV) has risen 2.00% since March 14, 2016 and is uptrending. It has underperformed by 3.61% the S&P500.

Analysts await Travelers Companies Inc (NYSE:TRV) to report earnings on October, 18. They expect $2.21 earnings per share, down 24.57% or $0.72 from last year’s $2.93 per share. TRV’s profit will be $637.22M for 13.02 P/E if the $2.21 EPS becomes a reality. After $2.20 actual earnings per share reported by Travelers Companies Inc for the previous quarter, Wall Street now forecasts 0.45% EPS growth.

Travelers Companies Inc (NYSE:TRV) Ratings Coverage

Out of 6 analysts covering Travelers (NYSE:TRV), 2 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 33% are positive. Travelers has been the topic of 15 analyst reports since July 22, 2015 according to StockzIntelligence Inc. The stock of Travelers Companies Inc (NYSE:TRV) earned “Buy” rating by Bank of America on Tuesday, June 28. RBC Capital Markets maintained Travelers Companies Inc (NYSE:TRV) on Friday, January 22 with “Outperform” rating. RBC Capital Markets maintained Travelers Companies Inc (NYSE:TRV) rating on Wednesday, October 21. RBC Capital Markets has “Outperform” rating and $120.0 price target. The stock has “Outperform” rating given by RBC Capital Markets on Friday, July 22. The firm earned “Buy” rating on Monday, October 26 by Argus Research. The stock of Travelers Companies Inc (NYSE:TRV) earned “Neutral” rating by Goldman Sachs on Tuesday, April 26. RBC Capital Markets maintained it with “Outperform” rating and $115 target price in Wednesday, July 22 report. As per Thursday, December 3, the company rating was downgraded by Bank of America. The firm earned “Neutral” rating on Wednesday, October 21 by Citigroup. As per Wednesday, April 27, the company rating was downgraded by Argus Research.

According to Zacks Investment Research, “St. Paul Travelers is a leading provider of commercial property-liability insurance and asset management services. Under the Travelers brand, the company is also a leading underwriter of homeowners and auto insurance through independent agents.”

The Travelers Companies, Inc. is a holding company. The company has a market cap of $33.19 billion. The Company, through its subsidiaries, is engaged in providing a range of commercial and personal property and casualty insurance services and products to businesses, government units, associations and individuals. It has a 11.12 P/E ratio. It operates through three divisions: Business and International Insurance; Bond & Specialty Insurance, and Personal Insurance.

TRV Company Profile

The Travelers Companies, Inc., incorporated on March 5, 1853, is a holding company. The Firm operates through three divisions: Business and International Insurance; Bond & Specialty Insurance, and Personal Insurance. The Company, through its subsidiaries, is engaged in providing a range of commercial and personal property and casualty insurance services and products to businesses, government units, associations and individuals.

More important recent Travelers Companies Inc (NYSE:TRV) news were published by: Forbes.com which released: “Travelers Companies Reaches Analyst Target Price” on October 11, 2016, also Businesswire.com published article titled: “Travelers Launches Wide-Scale Use of Drones to Assess Damage Caused by …”, Forbes.com published: “Travelers Companies Becomes #5 Most Shorted Dow Stock, Replacing DuPont” on October 12, 2016. More interesting news about Travelers Companies Inc (NYSE:TRV) was released by: Investorplace.com and their article: “3 Big Stock Charts: Honeywell International Inc. (HON), Gap Inc (GPS) and …” with publication date: October 10, 2016.

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