Update: Erie Indemnity Shares Face Up to 55% Potential Downside Risk, Spruce Point Says
Update: Erie Indemnity Shares Face Up to 55% Potential Downside Risk, Spruce Point Says
Erie Indemnity Company operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States. It provides issuance and renewal services; sales related services, including agent compensation, and sales and advertising support services; underwriting services comprise underwriting and policy processing; and other services consist of customer services and administrative support services, as well as information technology services. The company was incorporated in 1925 and is based in Erie, Pennsylvania.
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248.4317-490 | |
19 946 M | |
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46 189 K | |
3 689 M | |
0.0115 | |
0.428 |
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Update: Erie Indemnity Shares Face Up to 55% Potential Downside Risk, Spruce Point Says
Investing.com -- Spruce Point Capital issued a Strong Sell opinion on Erie Indemnity Company Friday, warning of a potential 35% to 55% downside in the stock. In its latest short report, the firm rais...
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