Macquarie Adjusts Insurance Company Stocks: Downgrades MKL & HCC; Upgrades AWH

January 11, 2012 11:01 AM EST
Get Alerts MKL Hot Sheet
Price: $1,818.69 +0.71%

Rating Summary:
    3 Buy, 9 Hold, 3 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 6 | Down: 5 | New: 3
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Macquarie makes adjustment to Insurance Company stocks including the downgrade of Markel (NYSE: MKL) from Neutral to Underperform (PT $380) and HCC Insurance Holdings (NYSE: HCC) from Outperform to Neutral (PT $30)

Macquarie initiates coverage on Selective Insurance Group (Nasdaq: SIGI) with a Neutral rating. PT $19.

The firm upgraded Allied World Assurance Company (NYSE: AWH) from Neutral to Outperform. PT $76. However, shares are trading down about 1% this morning.


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Downgrades, New Coverage, Upgrades