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Analysts Offer Insights on Financial Companies: Blackstone Group (BX), Travelers Companies (TRV) and Kkr Real Estate Finance (KREF)

Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Blackstone Group (BXResearch Report), Travelers Companies (TRVResearch Report) and Kkr Real Estate Finance (KREFResearch Report).

Blackstone Group (BX)

JMP Securities analyst Brian McKenna maintained a Hold rating on Blackstone Group yesterday. The company’s shares closed last Thursday at $97.88.

According to TipRanks.com, McKenna is a 2-star analyst with an average return of -0.9% and a 40.0% success rate. McKenna covers the Financial sector, focusing on stocks such as Apollo Global Management, Blue Owl Capital, and Ares Management.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Blackstone Group with a $128.25 average price target, which is a 30.2% upside from current levels. In a report issued on July 20, BMO Capital also maintained a Hold rating on the stock with a $122.00 price target.

See today’s best-performing stocks on TipRanks >>

Travelers Companies (TRV)

In a report released yesterday, Matthew Carletti from JMP Securities reiterated a Hold rating on Travelers Companies. The company’s shares closed last Thursday at $156.83.

According to TipRanks.com, Carletti is a 1-star analyst with an average return of -0.8% and a 53.1% success rate. Carletti covers the Financial sector, focusing on stocks such as Argo Group International Holdings, Heritage Insurance Holdings, and Old Republic International.

Currently, the analyst consensus on Travelers Companies is a Hold with an average price target of $175.75, which is an 11.8% upside from current levels. In a report issued on July 7, UBS also maintained a Hold rating on the stock with a $184.00 price target.

Kkr Real Estate Finance (KREF)

In a report released today, Steven Delaney from JMP Securities reiterated a Buy rating on Kkr Real Estate Finance, with a price target of $22.00. The company’s shares closed last Thursday at $18.73.

According to TipRanks.com, Delaney is a 5-star analyst with an average return of 12.4% and a 59.9% success rate. Delaney covers the Financial sector, focusing on stocks such as Claros Mortgage Trust, Inc., Franklin BSP Realty Trust, and Broadmark Realty Capital.

Currently, the analyst consensus on Kkr Real Estate Finance is a Strong Buy with an average price target of $22.17, a 20.9% upside from current levels. In a report issued on July 18, Raymond James also maintained a Buy rating on the stock with a $23.50 price target.

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