Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Travelers ( TRV) was recently upgraded to buy from hold at Argus Research, with a $65 price target, based on a strong balance sheet and good earnings momentum.

As of the most-recent reporting period, Travelers comprises 2.8% of David Einhorn's Greenlight Capital portfolio.

Stock Overview: Travelers is a holding company that through its subsidiaries is engaged in providing commercial and personal property and casualty insurance products and services to businesses, government units, associations and individuals. It has traded in a 52-week range of $47.69 to $57.78 and was recently at $56.45. It has a market cap of $25.6 billion and a 4.3 short interest ratio, it yields 2.6%, and it trades at a P/E of 8.4.

Analyst Ratings: Of 20 analysts covering the stock, nine rate it a buy, nine rate it a hold, and two rate it a sell. TheStreet Ratings has a B+ buy rating on Travelers.

Earnings Estimates: Travelers earned $1.95 a share in its fourth quarter, or $894 million, down from the previous year's $2.36 a share, or $1.29 billion, on revenue of $6.3 billion.

More on Travelers: Travelers recently showed up on a list of the 10 cheapest Dow dividend stocks for 2011.

-- Written by Rebecca Corvino in New York.


Follow Stockpickr on Twitter and become a fan on Facebook.
Disclosure: TheStreet's editorial policy prohibits staff editors and reporters from holding positions in any individual stocks.

If you liked this article you might like

7 Essential Rules for Investing in Tech Stocks

Politics Hang Heavy Over FCC's Review of Sinclair-Tribune Media

Microsoft's New Xbox One X Shows It's Done Trying to Please Everyone

Cord Cutters Aren't Just Leaving Pay-TV Because of Price

Netflix Shares Could Rise 16% on Big Boost in Subscribers