NEW YORK, September 27, 2017 /PRNewswire/ --
If you want a Stock Review on AIG, BRK-B, MTG, or PGR then come over to http://dailystocktracker.com/register/ and sign up for your free customized report This morning attention is redirected to the Property and Casualty Insurance industry, which consists of companies engaged in insurance underwriting, and carriers of property, fire, marine, auto, title, professional liability, funeral, bonding, fidelity and other surety policies. Ahead of today's trading session, DailyStockTracker.com observes the performance of American International Group Inc. (NYSE: AIG), Berkshire Hathaway Inc. (NYSE: BRK-B), MGIC Investment Corp. (NYSE: MTG), and The Progressive Corp. (NYSE: PGR). Daily Stock Tracker published free research reports on these stocks today at:
American International Group
New York-based American International Group Inc.'s shares declined 0.89%, closing Tuesday's trading session at $60.47. The stock recorded a trading volume of 7.69 million shares, which was above its three months average volume of 4.82 million shares. The Company's shares are trading 2.85% below their 50-day moving average. Additionally, shares of the Company, which provides insurance products for commercial, institutional, and individual customers primarily in the US, Europe, and Japan, have a Relative Strength Index (RSI) of 46.33.
On September 11th, 2017, research firm Buckingham Research initiated an 'Underperform' rating on the Company's stock, with a target price of $52 per share.
On September 25th, 2017, American International Group announced that it is planning to make changes to its organizational structure. The Company will no longer have Commercial and Consumer segments, and will transition to: General Insurance, led by Peter Zaffino, as CEO; Life & Retirement, led by Kevin Hogan, CEO; and a stand-alone, technology-enabled platform, led by Seraina Macia, CEO. See our free and comprehensive research report on AIG at:
On Tuesday, shares in Omaha, Nebraska-based Berkshire Hathaway Inc. recorded a trading volume of 2.25 million shares. The stock declined 0.36%, ending the day at $181.86. The Company's shares have advanced 1.26% in the past month, 8.67% in the previous three months, and 11.58% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 2.53% and 7.31%, respectively. Furthermore, shares of Berkshire Hathaway, which through its subsidiaries, the firm primarily engages in the insurance and reinsurance of property and casualty risks business, have an RSI of 58.02.
On September 14th, 2017, research firm JP Morgan initiated an 'Overweight' rating on the Company's stock, with a target price of $210 per share. BRK-B free research report is just a click away at:
Milwaukee, Wisconsin headquartered MGIC Investment Corp.'s stock finished the day 2.20% higher at $12.08. A total volume of 2.62 million shares was traded, which was above their three months average volume of 2.53 million shares. The Company's shares have advanced 3.51% in the last one month, 9.92% in the previous three months, and 18.55% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 4.29% and 10.89%, respectively. Additionally, shares of MGIC Investment, which through its subsidiaries, provides private mortgage insurance and ancillary services to lenders and government sponsored entities in the US, have an RSI of 63.00.
On September 18th, 2017, MGIC Investment announced that its subsidiary Mortgage Guaranty Insurance Corporation, has reported enhancements to its rate quote tools, including Rate Finder as well as the iOS and Android mobile apps. The Rate Finder now displays a simpler layout, requiring less data entry. The iOS mobile app, called "MGIC MI," also displays a clean layout with intuitive features designed to simplify the process of obtaining mortgage insurance rate quotes. Sign up for your complimentary report on MTG at:
Shares in Mayfield Village, Ohio headquartered The Progressive Corp. ended yesterday's session 0.31% lower at $47.85. The stock recorded a trading volume of 2.81 million shares. The Company's shares have advanced 7.21% over the previous three months and 34.79% since the start of this year. The stock is trading 1.77% and 15.29% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Progressive, which through its subsidiaries, provides personal and commercial property-casualty insurance, and other specialty property-casualty insurance and related services primarily in the US, have an RSI of 57.65.
On September 06th, 2017, Progressive announced that according to a new Progressive Insurance study, about one third of drivers feel confident in their own ability to text and drive, yet the majority believe distracted driving is the biggest cause of auto accidents and more than 90% say it should be illegal. More than 60% of 18- to 34-year olds are confident in their ability to safely text while driving, compared to less than 6% of individuals 55 years and older.
On September 20th, 2017, research firm Credit Suisse upgraded the Company's stock rating from 'Underperform' to 'Neutral'. Register for free on DailyStockTracker.com and download the latest research report on PGR at:
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