Zacks Investment Research downgraded shares of MERCURY GENL CP (MCY) from OUTPERFORM to NEUTRAL on August 28, 2013, with a target price of $47.00.
Mercury General Corp. is engaged primarily in writing all risk classifications of automobile insurance in a number of states, principally California. The company offers automobile policyholders the following types of coverage: bodily injury liability, underinsured and uninsured motorist, property damage liability, comprehensive, collision and other hazards specified in the policy.
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