01:05 AM EDT, 07/18/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We keep our 12-month target price of $285, valuing TRV shares at 12x our 2026 operating EPS estimate of $23.50 and at 14x our 2025 operating EPS estimate of $20.53 (raised today by $2.07), vs. the shares' one-year average forward multiple of 12x and a peer average of 13x. TRV posted Q2 operating EPS of $6.51 vs. $2.51, significantly topping our $4.44 Q2 EPS estimate and the $3.61 consensus view. Results reflected a 6.7% increase in operating revenues (vs. our forecasted 6% to 10% growth) on 6.6% premium growth (vs. forecast of a 6% to 8% rise, enhanced by significantly improved underwriting results amid lower pretax catastrophe losses (of $927 million vs. $1.5 billion) and $315 million in favorable prior year loss reserve development across all of TRV's segments. We applaud these results, which will help offset Q1 results that were impacted by $1.7 billion of CA wildfire claims. However, our view is tempered by the mere 3.4% rise in Q2 written premiums, which we think removes a catalyst from the shares.