Markel Group Inc
MKL: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$3,516.00 | Yyflj | Tbljgwzht |
Markel Sees Strong Finish to the Year
Markel closed out a fairly strong year on a solid note, with the company continuing to see traction on the underwriting side, and we think favorable industry conditions will remain a tailwind for the company as it enters 2022. This, in combination with attractive investment results this year, led to book value per share growth of 17% this year. We will maintain our $1,171 fair value estimate and no-moat rating.