Markel Corporation with ticker code (MKL) now have 4 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 1250 and 925 calculating the average target price we see 1118.75. Given that the stocks previous close was at 983.54 this would indicate that there is a potential upside of 13.7%. The 50 day moving average now sits at 1007.72 and the 200 moving average now moves to 964.84. The market capitalisation for the company is $13,387m. You can visit the company’s website by visiting: http://www.markel.com
Markel Corporation, a diverse financial holding company, markets and underwrites specialty insurance products in the United States, the United Kingdom, Canada, and internationally. Its Insurance segment offers general and professional liability, personal lines, marine and energy, specialty programs, and workers’ compensation insurance products; and property coverages that consist principally of fire, allied lines, and other specialized property coverages, including catastrophe-exposed property risks, such as earthquake and wind. This segment also offers credit and surety products, and collateral protection insurance. The company’s Reinsurance segment offers general liability, professional liability, workers’ compensation, medical malpractice, and environmental impairment liability; property treaty products for catastrophe, per risk, and retrocessional exposures; and specialty treaty reinsurance products comprising structured and whole turnover credit, political risk, mortgage and contract, and commercial surety reinsurance programs. Its Markel Ventures segment provides equipment used in baking systems and food processing; portable dredges; over-the-road car haulers and equipment; and laminated oak and composite wood flooring, as well as ornamental plants and residential homes. This segment also provides healthcare, consulting, and others types of services to businesses and consumers, including management and technology consulting, behavioral healthcare, and retail intelligence. The company’s Other segment operates as an insurance and investment fund manager offering a range of investment products, including insurance-linked securities, catastrophe bonds, insurance swaps, and weather derivatives; and program services. Markel Corporation was founded in 1930 and is headquartered in Glen Allen, Virginia.
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