Mercury General Corp has a consensus price target of $80 based on the ratings of 1 analysts. The high is $80 issued by Raymond James on February 12, 2025. The low is $80 issued by Raymond James on February 12, 2025. The 3 most-recent analyst ratings were released by Raymond James on February 12, 2025, July 7, 2023, and May 8, 2023, respectively. With an average price target of $51 between Raymond James, there's an implied -2.35% downside for Mercury General Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Mercury General (NYSE:MCY) was reported by Raymond James on February 12, 2025. The analyst firm set a price target for $80.00 expecting MCY to rise to within 12 months (a possible 53.17% 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.
The last upgrade for Mercury General Corp happened on February 12, 2025 when Raymond James raised their price target to $80. Raymond James previously had an outperform for Mercury General Corp.
The last downgrade for Mercury General Corp happened on July 7, 2023 when Raymond James changed their price target from $40 to $33 for Mercury General Corp.
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 February 12, 2025 so you should expect the next rating to be made available sometime around February 12, 2026.
While ratings are subjective and will change, the latest Mercury General (MCY) rating was a upgraded with a price target of $70.00 to $80.00. The current price Mercury General (MCY) is trading at is $52.23, which is out of the analyst’s predicted range.
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