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Erie Indemnity Company operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States. It operates through four segments: Management Operations, Property and Casualty Insurance Operations, Life Insurance Operations, and Investment Operations.View ERIE
Erie Indemnity Co - ERIE - EQUITY
Reviewed By: TheStreet Ratings on .
Report Summary: TheStreet Ratings team rates Erie Indemnity Co as a
Buy with a ratings score of A-.
Report Snippet: We rate ERIE INDEMNITY CO (ERIE) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and growth in earnings per share. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.