Selective Insurance Group, Inc. with ticker code (SIGI) now have 7 confirmed analysts covering the stock with the consensus suggesting a rating of ‘hold’. The target price High/Low ranges between $102.00 and $85.00 and has a mean target at $95.57. Given that the stocks previous close was at $90.32 this would imply there is now a potential upside of 5.8%. Also worth taking note is the 50 day moving average now sits at $93.05 and the 200 day moving average is $99.99. The total market capitalization for the company now stands at 5.37B. The stock price is currently at: $88.26 USD
The potential market cap would be $5,681,219,039 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 24.05, revenue per share of $74.91 and a 1.69% return on assets.
Selective Insurance Group, Inc. is a holding company that owns and operates property and casualty insurance subsidiaries that sell products and services in the United States. Its segments include Standard Commercial Lines, Standard Personal Lines, E&S Lines, and Investments. Standard Commercial Lines segment, which consists of property and casualty insurance products and services provided in the standard marketplace to commercial enterprises, businesses, non-profit organizations, and government agencies. Standard Personal Lines segment, which consists of insurance products and services, including flood insurance coverage sold through the Write Your Own (WYO) program of the National Flood Insurance Program (NFIP). E&S Lines segment, which consists of insurance products and services provided to customers who are unable to obtain coverage in the standard marketplace. The Investment segment invests insurance premiums, as well as amounts generated through its capital management strategies.
