Published On: Wed, Oct 19th, 2016

New Analyst Ratings On Mercury General Corporation (NYSE:MCY)


Recently stock market analysts have updated their consensus ratings on shares of Mercury General Corporation (NYSE:MCY).

Most recent broker ratings

08/02/2016 – Mercury General Corporation had its “neutral” rating reiterated by analysts at Compass Point. They now have a USD 51 price target on the stock.

02/19/2016 – Mercury General Corporation was upgraded to “market perform” by analysts at Raymond James.

05/04/2015 – Mercury General Corporation was downgraded to “sell” by analysts at Zacks.

02/11/2015 – Mercury General Corporation was downgraded to “underperform” by analysts at Keefe, Bruyette & Woods. They now have a USD 50 price target on the stock.

04/18/2014 – Mercury General Corporation was upgraded to “buy” by analysts at TheStreet.

Mercury General Corporation has a 50 day moving average of 54.51 and a 200 day moving average of 53.40. The stock’s market capitalization is 2.99B, it has a 52-week low of 42.97 and a 52-week high of 56.14.

The share price of the company (NYSE:MCY) was down -1.24% during the last trading session, with a high of 55.35 and the volume of Mercury General Corporation shares traded was 122103.

Mercury General Corporation is an insurance holding company. As of December 31, 2016, the Company and its subsidiaries were engaged in writing personal automobile insurance through 14 insurance subsidiaries in 11 states, principally California. Its segments include Property and Casualty Lines, and Other Lines. Its Property and Casualty segment offers various insurance products to its individual customers and small business customers. Its Other segment offers automobile mechanical breakdown warranties, which are sold through automobile dealerships and credit unions. It also writes homeowners, commercial automobile, commercial property, mechanical breakdown and umbrella insurance. Its insurance policies are sold through independent agents. As of December 31, 2016, it sold its policies through approximately 9,700 independent agents, its owned insurance agencies, Auto Insurance Specialists LLC and PoliSeek AIS Insurance Solutions, Inc., and directly through Internet sales portals.