Markel Delivers a Great Quarter and Goes on an Acquisition Spree
Markel Corporation (NYSE: MKL) announced second-quarter 2017 earnings on Wednesday after the market closed, highlighting exceptional underwriting results and a number of intriguing acquisitions from the specialty insurer and financial holding company. Markel shares subsequently climbed around 1% on the day to close at a fresh all-time high.
Let's have a closer look, then, at Markel's performance to end the first half of the year, as well as what investors can expect going forward.
Image source: The Motley Fool.
Source: Fool.com
Markel Corp. Stock
The community is currently still undecided about Markel Corp. with 1 Buy predictions and 0 Sell predictions.
As a result the target price of 1650 € shows a slightly positive potential of 14.98% compared to the current price of 1435.0 € for Markel Corp..