RBC Capital analyst Mark Dwelle maintained a Buy rating on Markel (NYSE:MKL) Corp on Wednesday, setting a price target of $1250, which is approximately 33.46% above the present share price of $936.63.
Dwelle expects Markel Corp to post earnings per share (EPS) of $65.81 for the fourth quarter of 2020.
The current consensus among 2 TipRanks analysts is for a Moderate Buy rating of shares in Markel, with an average price target of $1175.
The analysts price targets range from a high of $1250 to a low of $1100.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $3.1 billion and a net profit of $0. The company's market cap is $14.15 billion.
According to TipRanks.com, RBC Capital analyst Mark Dwelle is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 6.4% and a 56.49% success rate.
Markel Corp. is a financial holding company, which engages in underwriting specialty insurance products for a variety of niche markets. It operates through the following segments: Insurance and Reinsurance. The Insurance segment includes all direct business and facultative placements written within the company's underwriting operations. The Reinsurance segment includes all treaty reinsurance written within the company's underwriting operations. Markel was founded by Samuel A. Markel in 1930 and is headquartered in Glen Allen, VA.