Citigroup has raised its price target for Travelers to $395 following the company's strong third-quarter 2026 results, where core earnings per share reached $9.18, significantly surpassing analyst expectations. Travelers also improved its combined ratio to 86.8%, indicating efficient management of claims and costs. Despite this robust performance, future earnings may face challenges from less favorable reserve releases, typical catastrophe losses, and increased competition. Citigroup maintains a Neutral rating on Travelers, with the stock trading close to the new target price, reflecting modest upside potential.
Following Citigroup's raised price target for Travelers, the stock is trading near that level on Pluang. As of Oct 17, 2026 02:31 WIB, Travelers shares are priced at USD 389.49, up 1.46% for the day, with a market cap of $80.07 billion. The stock remains close to its 52-week high of $397.22, reflecting steady investor interest.
Travelers reported strong third-quarter earnings with EPS of $9.18, surpassing analyst estimates of $7.39, and revenue of $12.40 billion, beating expectations of $11.40 billion. The insurer's core income rose 4% year-over-year to $1.95 billion, helpe...
The Travelers Companies, Inc. reported strong Q3 earnings with an EPS of $9.18 and a combined ratio of 86.8%, helped by unusually large reserve releases and a mild hurricane season. While core underwriting and investment income remain solid, these fa...
Travelers Companies Inc reported a 4% rise in third-quarter core income to $1.947 billion, driven by record investment returns and favorable reserve development that offset increased catastrophe losses. Core income per diluted share grew 13% to $9.18...
