Barclays analyst Alex Scott lowered the firm’s price target on Travelers (TRV) to $312 from $315 and keeps an Equal Weight rating on the shares. The firm adjusted ratings and price targets as part of its 2026 outlook for the North America property and casualty Insurance group. Pricing is softening across commercial and reinsurance, while personal lines look relatively better and brokers face organic growth headwinds, the analyst tells investors in a research note. Barclays recommends staying selective.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TRV:
- Travelers downgraded to Neutral at Goldman Sachs amid softening P&C market
- Travelers downgraded to Neutral from Buy at Goldman Sachs
- Travelers price target raised to $317 from $309 at Evercore ISI
- Travelers price target raised to $305 from $302 at JPMorgan
- Travelers price target raised to $317 from $305 at Keefe Bruyette