NASDAQ:SIGI - Selective Insurance Group Stock Price Target and Predictions

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
About
FAQ

Consensus Rating: Hold
Consensus Price Target: $76.25
Forecasted Upside: 2.39 %
Number of Analysts: 5
Breakdown:
0 Sell Ratings
3 Hold Ratings
2 Buy Ratings
0 Strong Buy Ratings

^$74.47 As of 06/18/2021 01:00 AM ET

▼ -1.8 (-2.36%)

1 month | 3 months | 12 months

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Analyst Price Target for SIGI

^$76.25

▲ +2.39% Upside Potential

This price target is based on 5 analysts offering 12 month price targets for Selective Insurance Group in the last 3 months. The average price target is $76.25, with a high forecast of $83.00 and a low forecast of $71.00. The average price target represents a 2.39% upside from the last price of $74.47.

Hold

The current consensus among 5 investment analysts is to hold stock in Selective Insurance Group. This rating changed within the last month from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

0 strong buy ratings
0 buy ratings
2 hold ratings
0 sell ratings

Ratings as of

12/26/2019

0 strong buy ratings
1 buy ratings
2 hold ratings
0 sell ratings

Ratings as of

3/25/2020

0 strong buy ratings
2 buy ratings
3 hold ratings
0 sell ratings

Ratings as of

6/23/2020

0 strong buy ratings
2 buy ratings
2 hold ratings
0 sell ratings

Ratings as of

9/21/2020

0 strong buy ratings
2 buy ratings
2 hold ratings
0 sell ratings

Ratings as of

12/20/2020

0 strong buy ratings
1 buy ratings
3 hold ratings
0 sell ratings

Ratings as of

3/20/2021

0 strong buy ratings
2 buy ratings
2 hold ratings
0 sell ratings

Ratings as of

5/19/2021

0 strong buy ratings
2 buy ratings
3 hold ratings
0 sell ratings

Ratings as of

6/18/2021

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
5/21/2021	Bank of America	Initiated Coverage	Neutral	$83.00	High
4/16/2021	JMP Securities	Boost Price Target	Outperform	$72.00 ➝ $80.00	High
4/8/2021	Royal Bank of Canada	Boost Price Target	Sector Perform	$67.00 ➝ $71.00	Low
1/26/2021	Boenning Scattergood	Reiterated Rating	Neutral		High
11/10/2020	Credit Suisse Group	Boost Price Target	Outperform	$66.00 ➝ $71.00	Medium
5/14/2020	Credit Suisse Group	Upgrade	Underperform ➝ Outperform	$49.00 ➝ $50.00	High
4/8/2020	Royal Bank of Canada	Lower Price Target	Sector Perform	$75.00 ➝ $62.00	Low
4/6/2020	Piper Sandler	Lower Price Target	Neutral	$55.00 ➝ $48.00	Low
3/9/2020	JMP Securities	Upgrade	Market Perform ➝ Outperform	$65.00	High
9/12/2019	Buckingham Research	Boost Price Target	Neutral	$73.00 ➝ $75.00	Low
5/2/2019	Boenning Scattergood	Reiterated Rating	Hold		Low
12/14/2018	Buckingham Research	Initiated Coverage	Neutral ➝ Neutral	$62.00	Low
11/16/2018	JMP Securities	Initiated Coverage	Mkt Perform ➝ Market Perform		Low
10/31/2018	Credit Suisse Group	Boost Price Target	Underperform ➝ Sell	$54.00 ➝ $61.00	High
10/29/2018	Boenning Scattergood	Reiterated Rating	Hold		High
8/7/2018	Credit Suisse Group	Initiated Coverage	Underperform	$54.00	Medium
8/2/2018	Boenning Scattergood	Reiterated Rating	Hold		Low
5/3/2018	Boenning Scattergood	Reiterated Rating	Hold		High
4/6/2018	Sandler O'Neill	Reiterated Rating	Hold	$61.00	Medium
2/5/2018	Keefe, Bruyette & Woods	Set Price Target	Hold	$62.00	Low
12/8/2017	Royal Bank of Canada	Reiterated Rating	Hold	$59.00	Medium
10/29/2017	Keefe, Bruyette & Woods	Set Price Target	Hold	$55.00	N/A
10/27/2017	Royal Bank of Canada	Reiterated Rating	Hold	$55.00	N/A
10/27/2017	Boenning Scattergood	Reiterated Rating	Hold		N/A
10/3/2017	Royal Bank of Canada	Reiterated Rating	Hold	$50.00	Low
8/15/2017	Keefe, Bruyette & Woods	Set Price Target	Hold	$48.00	Low
7/28/2017	Royal Bank of Canada	Reiterated Rating	Hold	$50.00	Low
7/27/2017	Boenning Scattergood	Reiterated Rating	Hold		High
7/12/2017	Royal Bank of Canada	Reiterated Rating	Hold	$48.00	Medium
5/2/2017	Keefe, Bruyette & Woods	Reiterated Rating	Hold	$48.00	Medium
3/2/2017	Boenning Scattergood	Initiated Coverage	Neutral ➝ Neutral	$33.65 ➝ $45.65	N/A
1/23/2017	Sandler O'Neill	Initiated Coverage	Hold	$44.00	N/A
12/9/2016	Royal Bank of Canada	Downgrade	Outperform ➝ Sector Perform	$41.00	N/A
12/8/2016	Royal Bank of Canada	Downgrade	Outperform ➝ Sector Perform	$41.00	N/A
8/1/2016	Keefe, Bruyette & Woods	Set Price Target	Hold	$38.00 ➝ $41.00	N/A

(Data available from 6/18/2016 forward)

Selective Insurance Group, Inc., together with its subsidiaries, provides insurance products and services in the United States. It operates through four segments: Standard Commercial Lines, Standard Personal Lines, E&S Lines, and Investments. The company offers property insurance products, which covers the financial consequences of accidental loss of an insured's real and/or personal property, or earnings; and 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 as a result of an insured's negligent acts, omissions, or legal liabilities, as well as flood insurance products. It also invests in fixed income investments and commercial mortgage loans, equity securities, and alternative investment portfolio. The company provides its insurance products and services to businesses, non-profit organizations, local government agencies, and individuals through independent retail agents and wholesale general agents. Selective Insurance Group, Inc. was founded in 1926 and is headquartered in Branchville, New Jersey.

Today's Range

Now: $74.47

$73.90

$76.36

50 Day Range

MA: $76.20

$73.50

$77.56

52 Week Range

Now: $74.47

$48.04

$78.99

Volume

550,905 shs

Average Volume

231,710 shs

Market Capitalization

$4.47 billion

P/E Ratio

13.30

Dividend Yield

1.31%

Beta

0.83

Frequently Asked Questions

What sell-side analysts currently cover shares of Selective Insurance Group?

The following equities research analysts have issued stock ratings on Selective Insurance Group in the last twelve months: Bank of America Co., Boenning Scattergood, Credit Suisse Group AG, JMP Securities, Royal Bank of Canada, TheStreet, and Zacks Investment Research.
View the latest analyst ratings for SIGI.

What is the current price target for Selective Insurance Group?

4 Wall Street analysts have set twelve-month price targets for Selective Insurance Group in the last year. Their average twelve-month price target is $76.25, suggesting a possible upside of 2.4%. Bank of America Co. has the highest price target set, predicting SIGI will reach $83.00 in the next twelve months. Royal Bank of Canada has the lowest price target set, forecasting a price of $71.00 for Selective Insurance Group in the next year.
View the latest price targets for SIGI.

What is the current consensus analyst rating for Selective Insurance Group?

Selective Insurance Group currently has 3 hold ratings and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in SIGI, but not buy more shares or sell existing shares.
View the latest ratings for SIGI.

What other companies compete with Selective Insurance Group?

Other companies that are similar to Selective Insurance Group include The Progressive, The Allstate, The Travelers Companies, Cincinnati Financial, Markel, Arch Capital Group, W. R. Berkley, Fidelity National Financial, CNA Financial, Erie Indemnity, Old Republic International, First American Financial, The Hanover Insurance Group, RLI and AXIS Capital.

How do I contact Selective Insurance Group's investor relations team?

Selective Insurance Group's physical mailing address is 40 WANTAGE AVENUE, BRANCHVILLE NJ, 07890. The insurance provider's listed phone number is 973-948-3000 and its investor relations email address is [email protected] The official website for Selective Insurance Group is www.selective.com.