Tuesday, January 15, 2013

Chart of the Day - Travelers (TRV)

The "Chart of the Day" is Travelers (TRV), which showed up on Friday's "All-Time High" list. Travelers on Friday posted a new all-time high of $74.87 and closed +0.54%. TrendSpotter has been long since Jan 3 at $73.42. In recent news on the stock, RBC Capital on Dec 17 upgraded Travelers to Top Pick from Outperform and raised the target to $87 from $85. The Travelers Companies, with a market cap of $28 billion, 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.

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