Mercury General Corporation (MCY) : 3 analysts are covering Mercury General Corporation (MCY) and their average rating on the stock is 3.33, which is read as a Hold. A Zacks Investment Research rank of 5, which recommends a Strong Sell affirms that they expect a large upside in the stock from the current levels. 1 more analyst has given the stock a Sell recommendation. A total of 2 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Mercury General Corporation (MCY) : Average target price received by Mercury General Corporation (MCY) is $46.5 with an expected standard deviation of $6.36. The most aggressive target on the stock is $51, whereas the most downbeat target is $42. 2 financial analysts are currently covering the stock.
Shares of Mercury General Corporation appreciated by 0.27% during the last five trading days but lost 4.91% on a 4-week basis. Mercury General Corporation is up 1.83% in the last 3-month period. Year-to-Date the stock performance stands at 15.74%. Mercury General Corporation (NYSE:MCY): On Tuesdays trading session , Opening price of the stock was $52.93 with an intraday high of $52.93. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $52.51. However, the stock managed to close at $52.65, a loss of 0.02% for the day. On the previous day, the stock had closed at $52.66. The total traded volume of the day was 82,098 shares.
Mercury General Corporation is an insurance holding company. Through its subsidiaries, the Company operates as a personal automobile insurer, selling policies through a network of independent agents, 100% owned insurance agents, and direct channels in around 13 states. It also offers homeowners, commercial automobile, commercial property, mechanical breakdown, fire and umbrella insurance. It provides various types of automobile coverage, such as collision, property damage, bodily injury, comprehensive, personal injury protection, underinsured and uninsured motorist, and other hazards. It offers a range of homeowners coverage, including dwelling, liability, personal property, fire and other hazards. It has operations in Arizona, California, Georgia, Illinois, Michigan, Nevada and New Jersey, among others. Its subsidiaries include Mercury Casualty Company, Mercury Insurance Company, California Automobile Insurance Company and Mercury Insurance Company of Georgia, among others.