Fintel reports that on December 11, 2024, Wells Fargo downgraded their outlook for Travelers Companies (LSE:0R03) from Equal-Weight to Underweight.
Analyst Price Forecast Suggests 13.49% Upside
As of December 3, 2024, the average one-year price target for Travelers Companies is 275.66 GBX/share. The forecasts range from a low of 219.16 GBX to a high of 328.35 GBX. The average price target represents an increase of 13.49% from its latest reported closing price of 242.90 GBX / share.
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The projected annual revenue for Travelers Companies is 41,083MM, a decrease of 9.39%. The projected annual non-GAAP EPS is 16.94.
What is the Fund Sentiment?
There are 2,400 funds or institutions reporting positions in Travelers Companies. This is an increase of 41 owner(s) or 1.74% in the last quarter. Average portfolio weight of all funds dedicated to 0R03 is 0.28%, an increase of 0.78%. Total shares owned by institutions decreased in the last three months by 3.14% to 217,854K shares.
What are Other Shareholders Doing?
Jpmorgan Chase holds 11,677K shares representing 5.14% ownership of the company. In its prior filing, the firm reported owning 13,440K shares , representing a decrease of 15.10%. The firm decreased its portfolio allocation in 0R03 by 93.75% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 7,232K shares representing 3.19% ownership of the company. In its prior filing, the firm reported owning 7,234K shares , representing a decrease of 0.02%. The firm increased its portfolio allocation in 0R03 by 8.12% over the last quarter.
Massachusetts Financial Services holds 6,773K shares representing 2.98% ownership of the company. In its prior filing, the firm reported owning 6,921K shares , representing a decrease of 2.17%. The firm decreased its portfolio allocation in 0R03 by 83.10% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 5,970K shares representing 2.63% ownership of the company. In its prior filing, the firm reported owning 5,877K shares , representing an increase of 1.55%. The firm increased its portfolio allocation in 0R03 by 7.63% over the last quarter.
Spdr Dow Jones Industrial Average Etf Trust holds 5,591K shares representing 2.46% ownership of the company. In its prior filing, the firm reported owning 5,450K shares , representing an increase of 2.53%. The firm decreased its portfolio allocation in 0R03 by 5.56% over the last quarter.
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