Markel Group (MKL) Stock Forecast & Price Target

+10.63 (+0.64%)
(As of 05/17/2024 ET)

Markel Group Consensus Analyst Rating 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.

Analysts' Consensus Rating

Based on 5 Analyst Ratings

Analysts' Consensus Price Target

-8.61% Downside
High Forecast$1,625.00
Average Forecast$1,520.00
Low Forecast$1,275.00
TypeCurrent Forecast
5/19/23 to 5/18/24
1 Month Ago
4/19/23 to 4/18/24
3 Months Ago
2/18/23 to 2/18/24
1 Year Ago
5/19/22 to 5/19/23
Consensus Rating
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Buy rating(s)
0 Buy rating(s)
0 Buy rating(s)
2 Buy rating(s)
4 Hold rating(s)
4 Hold rating(s)
3 Hold rating(s)
1 Hold rating(s)
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$1,520.00$1,450.00$1,412.50$1,516.67
Predicted Upside-8.61% Downside2.17% Upside1.05% Upside19.88% Upside
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MKL Analyst Ratings 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
Consensus RatingReduceHoldHold
Predicted Upside-8.61% Downside12.39% Upside7.85% Upside
News Sentiment RatingPositive News
Positive News
Positive News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/3/2024Royal Bank of Canada
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 Boost TargetSector Perform ➝ Sector Perform$1,475.00 ➝ $1,625.00+2.75%
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%
2/5/2024Jefferies Financial Group
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 DowngradeBuy ➝ Hold$1,680.00 ➝ $1,500.00+6.20%
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 Initiated CoverageSell$1,275.00-11.16%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 09:52 PM ET.

MKL Price Target - Frequently Asked Questions

What is Markel Group's consensus rating and price target?

According to the issued ratings of 5 analysts in the last year, the consensus rating for Markel Group stock is Reduce based on the current 1 sell rating and 4 hold ratings for MKL. The average twelve-month price prediction for Markel Group is $1,520.00 with a high price target of $1,625.00 and a low price target of $1,275.00. Learn more on MKL's analyst rating history.

Do Wall Street analysts like Markel Group more than its competitors?

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

Does Markel Group's stock price have much upside?

According to analysts, Markel Group's stock has a predicted upside of 1.31% based on their 12-month stock forecasts.

What analysts cover Markel Group?

Markel Group has been rated by Janney Montgomery Scott, Royal Bank of Canada, and Truist Financial in the past 90 days.

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This page (NYSE:MKL) was last updated on 5/18/2024 by Staff

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