Analyst Price Target is $101.67
▲ +1.79% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for Selective Insurance Group in the last 3 months. The average price target is $101.67, with a high forecast of $120.00 and a low forecast of $85.00. The average price target represents a 1.79% upside from the last price of $99.88.
Current Consensus is
Hold
The current consensus among 7 investment analysts is to hold stock in Selective Insurance Group. This rating has held steady since December 2022, when it changed from a Moderate Buy consensus rating.
Selective Insurance Group, Inc., together with its subsidiaries, provides insurance products and services in the United States. The company operates through four segments: Standard Commercial Lines, Standard Personal Lines, E&S Lines, and Investments. It offers casualty insurance products that covers the financial consequences of employee injuries in the course of employment and bodily injury and/or property damage to a third party; property insurance products, which covers the accidental loss of an insured's real property, personal property, and/or earnings due to the property's loss; and flood insurance products. The company also invests in fixed income investments and commercial mortgage loans, as well as equity securities, short-term investments, and alternative investments, and other investments. It offers its insurance products and services to businesses, non-profit organizations, local government agencies, and individuals through independent retail agents and wholesale general agents. The company was founded in 1926 and is headquartered in Branchville, New Jersey.
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