Markel Corporation which can be found using ticker (MKL) now have 3 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The target price High/Low ranges between 1600 and 1400 and has a mean target at $1516.67. Now with the previous closing price of $1357.26 this would indicate that there is a potential upside of 11.7%. There is a 50 day moving average of $1302.84 and the 200 day moving average is $1264.68. The market capitalization for the company is $18,086m. Company Website: https://www.markel.com
The potential market cap would be $20,210m based on the market consensus.
Markel Corporation, a diverse financial holding company, engages in marketing and underwriting specialty insurance products in the United States, Bermuda, the United Kingdom, rest of Europe, Canada, the Asia Pacific, and the Middle East. The company offers general and professional liability, personal lines, marine and energy, specialty programs, and workers’ compensation insurance products; and property coverages that include fire, allied lines, and other specialized property coverages, including catastrophe-exposed property risks, such as earthquake and wind. It also offers credit and surety products, and collateral protection insurance products. In addition, the company offers transaction, directors and officers, and healthcare liability reinsurance; and specialty treaty reinsurance products comprising credit and surety, workers’ compensation, accident and health, marine and energy, public entity, mortgage default, aviation and space, agriculture, and discrete political violence and national terror pools. Further, it provides construction services, consumer and building products, transportation-related products, consulting services, and equipment manufacturing products, as well as healthcare, leasing, and investment services. Additionally, the company 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. It also manages funds with third parties. Markel Corporation was founded in 1930 and is based in Glen Allen, Virginia.
The company is not paying dividends at this time.
