Best Insurance Stock -Selective Insurance Group stock rating target price by Zacks Analyst : Zacks upgraded shares of Selective Insurance Group (NASDAQ: SIGI) from a neutral rating to an outperform rating in a report released on Wednesday, Analyst Ratings.Net reports. Zacks currently has $26.00 target price on the stock.
Zacks has also modified their ratings on a number of other financial stocks in the few days. The firm upgraded shares of Horace Mann Educators Co. from a neutral rating to an outperform rating. The firm now has a $23.80 price target on that stock. Also, Zacks reiterated its neutral rating on shares of American International Group. They have a $41.00 price target on that stock. Finally, Zacks upgraded shares of Markel Co. from a neutral rating to an outperform rating. Zacks now has a $528.50 price target on that stock.
A number of other firms have also recently commented on SIGI. Analysts at Keefe, Bruyette & Woods upgraded shares of Selective Insurance Group from a market perform rating to an outperform rating in a research note to investors on Tuesday, February 19th. They now have a $25.00 price target on the stock. Analysts at RBC Capital raised their price target on shares of Selective Insurance Group from $20.00 to $23.00 in a research note to investors on Monday, February 4th. They now have a sector perform rating on the stock.
Shares of Selective Insurance Group (NASDAQ: SIGI) traded up 1.16% during mid-day trading on Wednesday, hitting $23.53. Selective Insurance Group has a 52 week low of $16.22 and a 52 week high of $24.49. The stock’s 50-day moving average is currently $23.22. The company has a market cap of $1.305 billion and a P/E ratio of 34.21.
Selective Insurance Group, Inc. is a holding company of seven insurance subsidiaries. The Company, through its subsidiaries, offers property and casualty insurance products and services in the East and Midwest of the United States.
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