EMC INSURANCE (EMCI) Downgraded by Zacks to UNDERPERFORM

Zacks Zacks Investment Research downgraded shares of EMC INSURANCE (EMCI) from NEUTRAL to UNDERPERFORM on September 07, 2012, with a target price of $18.80.

EMC Insurance Group Inc. is an insurance holding company. EMC Insurance Group Inc. is owned by Employers Mutual Casualty Company, a multiple-line property and casualty insurance company and conducts its insurance business through two business segments as follows, Property and Casualty Insurance and Reinsurance.

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