Travelers Stock Is Fairly Priced

Travelers Stock Is Fairly Priced

Share to Linkedin The Travelers Insurance Co. logo is displayed on the company's office building in Hartford, ... [+] Connecticut, U. S., on Friday, Feb. 6, 2015. Obamacare's startup health insurance plans are flirting with financial distress, as all but five of the 23 nonprofit companies had negative cash flow from operations in the first three quarters of 2014, Standard & Poor's said in a report Tuesday. Photographer: Ron Antonelli/Bloomberg Travelers stock (NYSE: TRV), the property and casualty (P&C) insurance giant, gained roughly 14% - increasing from about $140 at the beginning of 2021 to around $160 currently, inching ahead of the S&P500, which grew 12% over the same period. The benchmark S&P Insurance Select Industry Index has made strong gains since the start of 2021 and the rise in Travelers stock confirms the same trend. But is this all there is to the story? Not quite, despite the recent gains, Trefis estimates Travelers' valuation to be around $162 per share - slightly above the current market price - based on a key opportunity and one risk factor. The insurance giant posted better than expected results in the recently released first-quarter FY2021 results. It reported revenues of $8. 3 billion