| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 11/04/2022 | 38.95% | Raymond James | → $45 | Upgrades | Underperform → Strong Buy |
| 04/03/2020 | — | Raymond James | Downgrades | Market Perform → Underperform | |
| 10/29/2019 | — | Keefe, Bruyette & Woods | Downgrades | Outperform → Market Perform |
Mercury General Questions & Answers
The latest price target for Mercury General (NYSE: MCY) was reported by Raymond James on November 4, 2022. The analyst firm set a price target for $45.00 expecting MCY to rise to within 12 months (a possible 38.95% upside). 1 analyst firms have reported ratings in the last year.
The latest analyst rating for Mercury General (NYSE: MCY) was provided by Raymond James, and Mercury General upgraded their strong buy rating.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Mercury General, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Mercury General was filed on November 4, 2022 so you should expect the next rating to be made available sometime around November 4, 2023.
While ratings are subjective and will change, the latest Mercury General (MCY) rating was a upgraded with a price target of $0.00 to $45.00. The current price Mercury General (MCY) is trading at is $32.39, which is within the analyst's predicted range.