Oppenheimer analyst Michael Phillips CFA maintains $The Travelers Companies (TRV.US)$ with a hold rating.
According to TipRanks data, the analyst has a success rate of 66.2% and a total average return of 4.8% over the past year.
Furthermore, according to the comprehensive report, the opinions of $The Travelers Companies (TRV.US)$'s main analysts recently are as follows:
The firm observes that Travelers had a commendable third quarter, highlighted by a robust BI underlying margin, stable GL reserves, and impressive personal lines underlying results, which contributed to the stock's ascent.
The company's third-quarter earnings surpassed expectations, underscored by a significant improvement in the underlying combined ratio across various units. The Business Insurance segment reported robust results for the third quarter, despite incorporating an asbestos reserve addition. Although catastrophe losses were higher owing to Hurricane Helene, the limited impact from Milton losses demonstrates the company's comparatively lower property exposure in Florida.
Note:
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