Markel Group (MKL) Stock Forecast & Price Target

$1,613.45

+42.84 (+2.73%)

(As of 07/26/2024 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

Hold
Based on 6 Analyst Ratings

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

$1,626.83
0.83% Upside

High Forecast	$1,986.00
Average Forecast	$1,626.83
Low Forecast	$1,450.00

According to the 6 analysts' twelve-month price targets for Markel Group, the average price target is $1,626.83. 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 upside of 0.83% from the current price of $1,613.45.

Type	Current Forecast 7/28/23 to 7/27/24	1 Month Ago 6/28/23 to 6/27/24	3 Months Ago 4/29/23 to 4/28/24	1 Year Ago 7/28/22 to 7/28/23
Consensus Rating	Hold	Reduce	Reduce	Moderate Buy
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)	0 Buy rating(s)	0 Buy rating(s)	2 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)	0 Sell rating(s)
Consensus Price Target	$1,626.83	$1,520.00	$1,450.00	$1,516.67
Forecasted Upside	0.83% Upside	1.31% Upside	2.17% Upside	19.88% Upside

Get Markel Group Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for MKL and its competitors with MarketBeat's FREE daily newsletter.

Ad The Oxford Club

Man Who Called Nvidia at $1.10 Says Buy This Now...

In 2004, one man called Nvidia before just about anyone knew it existed. Now, this same guy says a new company could become the next to soar like Nvidia.

Watch Alex's "Next Magnificent Seven" presentation now.

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.

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.

Markel Group Stock vs. The Competition

Type	Markel Group	Multi-Sector Conglomerates Companies	S&P 500
Consensus Rating Score	2.00	2.62	2.50
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	0.83% Upside	11.28% Upside	9.09% Upside
News Sentiment Rating	Neutral News	Neutral News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
7/23/2024	Citigroup 3 of 5 stars		Boost Target	Sell ➝ Sell	$1,435.00 ➝ $1,450.00	-6.87%
7/9/2024	TD Cowen 4 of 5 stars	A. Kligerman Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy	$1,986.00	+27.97%
5/3/2024	Royal Bank of Canada 4 of 5 stars		Boost Target	Sector Perform ➝ Sector Perform	$1,475.00 ➝ $1,625.00	+2.75%
5/3/2024	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold ➝ Hold	$1,400.00 ➝ $1,600.00	+2.02%
3/15/2024	Janney Montgomery Scott Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Neutral	$1,600.00	+6.34%
2/5/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold	$1,680.00 ➝ $1,500.00	+6.20%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 07:02 AM ET.

MKL Forecast - Frequently Asked Questions

What is Markel Group's forecast for 2024?: According to the research reports of 6 Wall Street equities research analysts, the average twelve-month stock price forecast for Markel Group is $1,626.83, with a high forecast of $1,986.00 and a low forecast of $1,450.00.
Should I buy or sell Markel Group stock right now?: 6 Wall Street 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 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.
Does Markel Group's stock price have much upside?: According to analysts, Markel Group's stock has a predicted upside of 6.38% based on their 12-month stock forecasts.
What analysts cover Markel Group?: Markel Group has been rated by research analysts at Citigroup, Royal Bank of Canada, TD Cowen, and Truist Financial in the past 90 days.
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 Hold while the average consensus rating for "multi-sector conglomerates" companies is Moderate Buy. Learn more on how MKL compares to other companies.