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Markel Group (MKL) Stock Forecast & Price Target

Markel Group logo
$1,778.09 +16.47 (+0.93%)
(As of 11/26/2024 ET)

Markel Group - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
1
Hold
4
Buy
1

Based on 6 Wall Street analysts who have issued ratings for Markel Group in the last 12 months, the stock has a consensus rating of "Hold." Out of the 6 analysts, 1 has given a sell rating, 4 have given a hold rating, and 1 has given a buy rating for MKL.

Consensus Price Target

$1,651.83
-7.10% Downside
According to the 6 analysts' twelve-month price targets for Markel Group, the average price target is $1,651.83. The highest price target for MKL is $1,986.00, while the lowest price target for MKL is $1,450.00. The average price target represents a forecasted downside of -7.10% from the current price of $1,778.09.
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MKL Analyst Ratings Over Time

TypeCurrent Forecast
11/27/23 to 11/26/24
1 Month Ago
10/28/23 to 10/27/24
3 Months Ago
8/29/23 to 8/28/24
1 Year Ago
11/27/22 to 11/27/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
1 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
3 Buy rating(s)
Hold
4 Hold rating(s)
4 Hold rating(s)
4 Hold rating(s)
1 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$1,651.83$1,643.50$1,626.83$1,480.00
Forecasted Upside-7.10% Downside6.05% Upside3.23% Upside2.87% Upside
Consensus Rating
Hold
Hold
Hold
Hold

MKL Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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MKL Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Markel Group Stock vs. The Competition

TypeMarkel GroupMulti-Sector Conglomerates CompaniesS&P 500
Consensus Rating Score
2.00
2.74
2.50
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside-6.16% Downside16.48% Upside6.42% Upside
News Sentiment Rating
Positive News

See Recent MKL News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/1/2024Royal Bank of Canada
4 of 5 stars
 Lower TargetSector Perform ➝ Sector Perform$1,700.00 ➝ $1,675.00+8.10%
10/9/2024Jefferies Financial Group
2 of 5 stars
 Boost TargetHold ➝ Hold$1,590.00 ➝ $1,600.00+2.28%
7/23/2024Citigroup
3 of 5 stars
 Boost TargetSell ➝ Sell$1,435.00 ➝ $1,450.00-6.87%
7/9/2024TD Cowen
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A. Kligerman
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Initiated CoverageBuy$1,986.00+27.97%
5/3/2024Truist Financial
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 Boost TargetHold ➝ Hold$1,400.00 ➝ $1,600.00+2.02%
3/15/2024Janney Montgomery Scott
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 Reiterated RatingBuy ➝ Neutral$1,600.00+6.34%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 07:48 PM ET.


Should I Buy Markel Group Stock? MKL Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, November 20, 2024. Please send any questions or comments about these Markel Group pros and cons to contact@marketbeat.com.

Markel Group
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Markel Group Inc.:

  • Markel Group Inc. was recently upgraded to a "buy" rating by analysts, indicating positive sentiment and potential for stock appreciation.
  • The current stock price is $1,550.53, reflecting a recent increase, which may suggest strong market performance and investor confidence.
  • Institutional investors own 77.12% of the company's stock, which often indicates stability and trust in the company's long-term prospects.
  • Markel Group Inc. has a relatively low debt-to-equity ratio of 0.26, suggesting that the company is not heavily reliant on debt for financing, which can be a sign of financial health.
  • Recent trading activity shows a significant volume of shares exchanged, indicating strong interest and liquidity in the stock, which can be beneficial for investors looking to enter or exit positions.

Markel Group
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Markel Group Inc. for these reasons:

  • Despite the upgrade, one research analyst has issued a "sell" rating, which may indicate potential risks or concerns about the company's future performance.
  • The stock has a price-to-earnings ratio of 7.15, which, while not excessively high, may suggest that the stock is not undervalued compared to its earnings, potentially limiting upside.
  • Markel Group Inc. has a current ratio of 0.60, which is below the ideal benchmark of 1.0, indicating potential liquidity issues that could affect its ability to meet short-term obligations.
  • There has been a recent decrease in some analysts' price targets, which could reflect a more cautious outlook on the company's growth prospects.
  • Corporate insiders own only 1.71% of the company's stock, which may suggest a lack of confidence from those closest to the company regarding its future performance.

MKL Forecast - Frequently Asked Questions

According to the research reports of 6 Wall Street equities research analysts, the average twelve-month stock price forecast for Markel Group is $1,651.83, with a high forecast of $1,986.00 and a low forecast of $1,450.00.

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Markel Group in the last year. There is currently 1 sell rating, 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" MKL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MKL, but not buy additional shares or sell existing shares.

According to analysts, Markel Group's stock has a predicted downside of -7.10% based on their 12-month stock forecasts.

Markel Group has been rated by research analysts at Jefferies Financial Group, and Royal Bank of Canada in the past 90 days.

Analysts like Markel Group less than other "multi-sector conglomerates" companies. The consensus rating for Markel Group is Hold while the average consensus rating for "multi-sector conglomerates" companies is Moderate Buy. Learn more on how MKL compares to other companies.


This page (NYSE:MKL) was last updated on 11/26/2024 by MarketBeat.com Staff
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