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Zacks Investment Research downgraded Alleghany Corporation (NYSE:Y) to Sell in a statement released earlier today.

Zacks Investment Research has downgraded Alleghany Corporation (NYSE:Y) to Sell in a report released on 09/21/2016.

Previously on Wednesday September 14, 2016, Zacks Investment Research reported on Alleghany Corporation (NYSE:Y) raised the target price from $0.00 to $581.00. At the time, this indicated a possible upside of 0.12%.

Yesterday Alleghany Corporation (NYSE:Y) traded 0.81% higher at $523.06. The company’s 50-day moving average is $530.54 and its 200-day moving average is $523.03. The last closing price is up 0.62% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 7,640 shares of the stock were exchanged, down from an average trading volume of 43,942

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Alleghany Corporation (NYSE:Y)

Alleghany Corporation has PE ratio of 17.04 with a one year low of $446.50 and a one year high of $553.48 and has a market capitalization of $0.

General Company Details For Alleghany Corporation (NYSE:Y)

Alleghany Corporation is an insurance holding company. The Company owns and manages operating subsidiaries and investments, which are involved in the property and casualty reinsurance and insurance. The Company operates through two segments: reinsurance and insurance. The Company's reinsurance segment consists of property and casualty reinsurance operations conducted by the Company's subsidiary, Transatlantic Holdings, Inc. (TransRe), and its reinsurance operating subsidiaries. The Company's insurance segment consists of property and casualty insurance operations conducted by Alleghany Insurance Holdings LLC (AIHL) through its insurance operating subsidiaries, RSUI Group, Inc. (RSUI), CapSpecialty, Inc. (CapSpecialty) and Pacific Compensation Corporation (PacificComp). The Company owns and manages properties in the Sacramento, California region through its subsidiary, Alleghany Properties Holdings LLC (Alleghany Properties).

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