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Selective Insurance Gr

SIGINASDAQ
$83.49
1.411.72%
At Close: -
$83.49
00.00%
After Hours: 4:35 PM EDT
15 minutes delayed
Q2 2024 Earnings were released on Thu Jul 18th, after the market close
Conference call scheduled in 4 days at 8:00 AM Click to view the webcast
Consensus Rating1
Outperform
Highest Price Target1
$120.00
Lowest Price Target1
$85.00
Consensus Price Target1
$98.70

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Selective Insurance Gr (NASDAQ:SIGI) Stock, Analyst Ratings, Price Targets, Forecasts

Selective Insurance Group Inc has a consensus price target of $98.7 based on the ratings of 11 analysts. The high is $120 issued by Oppenheimer on April 5, 2024. The low is $85 issued by Piper Sandler on July 22, 2024. The 3 most-recent analyst ratings were released by RBC Capital, Piper Sandler, and Keefe, Bruyette & Woods on July 22, 2024, respectively. With an average price target of $93.33 between RBC Capital, Piper Sandler, and Keefe, Bruyette & Woods, there's an implied 11.79% upside for Selective Insurance Group Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Feb
1
2
Apr
0
0
0
0
Jun
1
1
1
Jul
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.5
Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

RBC Capital
Piper Sandler
Keefe, Bruyette & Woods
B of A Securities
Oppenheimer

1calculated from analyst ratings

Analyst Ratings for Selective Insurance Gr

Buy NowGet Alert
07/22/2024Buy Now14.98%RBC Capital
Scott Heleniak
$103 → $96MaintainsSector PerformGet Alert
07/22/2024Buy Now1.81%Piper Sandler
Paul Newsome
$104 → $85MaintainsNeutralGet Alert
07/22/2024Buy Now18.58%Keefe, Bruyette & Woods
Meyer Shields
$104 → $99UpgradeMarket Perform → OutperformGet Alert
07/11/2024Buy Now16.18%B of A Securities
Grace Carter
$98 → $97MaintainsUnderperformGet Alert
06/24/2024Buy Now23.37%RBC Capital
Scott Heleniak
$103 → $103ReiteratesSector Perform → Sector PerformGet Alert
04/15/2024Buy Now—JMP Securities
Matthew Carletti
—Reiterates → Market PerformGet Alert
04/05/2024Buy Now43.73%Oppenheimer
Michael Phillips
$120 → $120MaintainsOutperformGet Alert
04/01/2024Buy Now24.57%Piper Sandler
Paul Newsome
→ $104MaintainsNeutralGet Alert
02/06/2024Buy Now30.55%Keefe, Bruyette & Woods
Meyer Shields
$111 → $109MaintainsMarket PerformGet Alert
02/02/2024Buy Now25.76%RBC Capital
Scott Heleniak
$108 → $105MaintainsSector PerformGet Alert
11/16/2023Buy Now43.73%Oppenheimer
Michael Phillips
→ $120Initiates → OutperformGet Alert
11/03/2023Buy Now29.36%RBC Capital
Scott Heleniak
$105 → $108MaintainsSector PerformGet Alert
10/06/2023Buy Now26.96%Piper Sandler
Paul Newsome
$112 → $106MaintainsNeutralGet Alert
08/04/2023Buy Now25.76%RBC Capital
Mark Dwelle
$100 → $105MaintainsSector PerformGet Alert
07/25/2023Buy Now31.75%Piper Sandler
Paul Newsome
$102 → $110MaintainsNeutralGet Alert
07/25/2023Buy Now19.77%B of A Securities
Grace Carter
$93 → $100MaintainsUnderperformGet Alert
07/25/2023Buy Now19.77%RBC Capital
Mark Dwelle
→ $100ReiteratesSector Perform → Sector PerformGet Alert
07/06/2023Buy Now22.17%Piper Sandler
Paul Newsome
$104 → $102MaintainsNeutralGet Alert
06/14/2023Buy Now11.39%BMO Capital
Michael Zaremski
$90 → $93MaintainsMarket PerformGet Alert
05/18/2023Buy Now—B of A Securities
Grace Carter
—DowngradeNeutral → UnderperformGet Alert
05/16/2023Buy Now26.96%Keefe, Bruyette & Woods
Meyer Shields
$104 → $106MaintainsMarket PerformGet Alert
05/05/2023Buy Now19.77%RBC Capital
Mark Dwelle
$96 → $100MaintainsSector PerformGet Alert
04/18/2023Buy Now24.57%Keefe, Bruyette & Woods
Meyer Shields
$107 → $104MaintainsMarket PerformGet Alert
04/04/2023Buy Now28.16%Piper Sandler
Paul Newsome
$104 → $107MaintainsNeutralGet Alert
02/14/2023Buy Now28.16%Keefe, Bruyette & Woods
Meyer Shields
$105 → $107MaintainsMarket PerformGet Alert
02/06/2023Buy Now14.98%RBC Capital
Mark Dwelle
$90 → $96MaintainsSector PerformGet Alert
01/20/2023Buy Now7.8%BMO Capital
Michael Zaremski
→ $90Initiates → Market PerformGet Alert
11/22/2022Buy Now25.76%Morgan Stanley
Michael Phillips
$98 → $105MaintainsOverweightGet Alert
11/11/2022Buy Now14.98%Janney Montgomery Scott
Robert Farnam
→ $96Initiates → NeutralGet Alert
06/27/2022Buy Now17.38%Morgan Stanley
Michael Phillips
→ $98Initiates → OverweightGet Alert
08/17/2021Buy Now9%Wolfe Research
Michael Zaremski
—Initiates → OutperformGet Alert
07/30/2021Buy Now1.81%RBC Capital
Mark Dwelle
—MaintainsSector PerformGet Alert

FAQ

Q

What is the target price for Selective Insurance Gr (SIGI) stock?

A

The latest price target for Selective Insurance Gr (NASDAQ:SIGI) was reported by RBC Capital on July 22, 2024. The analyst firm set a price target for $96.00 expecting SIGI to rise to within 12 months (a possible 14.98% upside). 17 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Selective Insurance Gr (SIGI)?

A

The latest analyst rating for Selective Insurance Gr (NASDAQ:SIGI) was provided by RBC Capital, and Selective Insurance Gr maintained their sector perform rating.

Q

When was the last upgrade for Selective Insurance Gr (SIGI)?

A

The last upgrade for Selective Insurance Group Inc happened on July 22, 2024 when Keefe, Bruyette & Woods raised their price target to $99. Keefe, Bruyette & Woods previously had a market perform for Selective Insurance Group Inc.

Q

When was the last downgrade for Selective Insurance Gr (SIGI)?

A

The last downgrade for Selective Insurance Group Inc happened on May 18, 2023 when B of A Securities changed their price target from N/A to N/A for Selective Insurance Group Inc.

Q

When is the next analyst rating going to be posted or updated for Selective Insurance Gr (SIGI)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Selective Insurance Gr, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Selective Insurance Gr was filed on July 22, 2024 so you should expect the next rating to be made available sometime around July 22, 2025.

Q

Is the Analyst Rating Selective Insurance Gr (SIGI) correct?

A

While ratings are subjective and will change, the latest Selective Insurance Gr (SIGI) rating was a maintained with a price target of $103.00 to $96.00. The current price Selective Insurance Gr (SIGI) is trading at is $83.49, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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