Investors may be looking at shares of The Travelers Companies, Inc. (NYSE:TRV) with renewed interest over the past few trading sessions. After a recent scan, the stock has been seen trading near the $133.32 level. Staying on top of the equity market can be difficult. Knowing what information is important and how to interpret that information can be the difference between a good portfolio and a great one.
Some investors may be lamenting the fact that they have not taken full advantage of the long bull run. There are plenty of pundits that are calling for a sharp stock market decline, but there are also many who believe that the ceiling has been raised and there is much more room for stocks to go higher. Getting into the market at these levels may be holding some investors back from jumping into the fray, and nobody can be sure which way the momentum will swing as we near the end of the year. The next round of company earnings reports should provide some good information about future prospects. Investors will be closely watching to see which sectors are running at full speed and which ones are lagging.
Shares of The Travelers Companies, Inc. (NYSE:TRV) currently have an average target price of 130.08. This is the consensus number using estimates given by polled analysts. Professional sell-side analysts that track the stock are constantly monitoring the company to assess where they believe shares will be moving in the future. Price target projections can be calculated using various methods. Many investors will follow stock target prices, especially when analysts make revisions.
The average investor might not have the time to monitor every single movement of a certain stock. Tracking the historical performance may help provide some valuable insight on where the stock may be trending in the future. Looking back over the last 4 weeks, shares of The Travelers Companies, Inc. (NYSE:TRV) have moved 3.49%. Over the last 5 days, the stock has seen a change of -0.09%. Looking at the last 12 week period, we note that the stock has moved 4.61%. Since the beginning of the calendar year, we note that shares have changed 8.9%. Investors will often track the current stock price relative to its 52-week high and low levels. The 52-week high is currently 135.54, and the 52-week low is resting at 109.62. When shares are trading near the 52-week high or 52-week low, investors may be on the lookout for a breakout.
Sell-side analysts often undertake stock analysis to give their opinions of whether they believe that shares should be bought, sold, or held. Using ratings provided by analysts polled by Zacks Research, we note that the current average broker rating on shares of The Travelers Companies, Inc. (NYSE:TRV) is currently 2.7. The recommendation falls on a scale between 1 and 5. A broker rating of 1 would translate into a Strong Buy. A rating of 5 would indicate a Strong Sell recommendation. This consensus broker rating may help shed some light on how the sell-side is currently viewing company stock. After a recent check, we can see that 7 sell-side analysts have rated the stock a Strong Buy or Buy, based analysts polled by Zacks Research. Professional investors often incorporate various strategies when approaching the stock market. Capitalizing on market dips can be highly profitable when thoroughly researched and executed. Closely monitoring earnings, news, and analyst views may play an important role in equity study.