Analysts Offer Insights on Financial Companies: Prudential Financial Inc (PRU), Selective Insurance Group (SIGI) and Southern First Bancshares (SFST)


Analysts have been eager to weigh in on the Financial sector with new ratings on Prudential Financial Inc (NYSE:PRU), Selective Insurance Group (NASDAQ:SIGI) and Southern First Bancshares (NASDAQ:SFST).

Prudential Financial Inc (PRU)

In a report released today, John Barnidge from Sandler O’Neill reiterated a Buy rating on Prudential Financial Inc, with a price target of $118. The company’s shares opened today at $99.88.

According to TipRanks.com, Barnidge is a 3-star analyst with an average return of 4.6% and a 47.1% success rate. Barnidge covers the Financial sector, focusing on stocks such as American Equity Investment Life, Heritage Insurance Holdings, and Brighthouse Financial Inc.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Prudential Financial Inc with a $116.25 average price target.

See today’s analyst top recommended stocks >>

Selective Insurance Group (SIGI)

Sandler O’Neill analyst Paul Newsome reiterated a Hold rating on Selective Insurance Group today and set a price target of $63. The company’s shares opened today at $62.80, close to its 52-week high of $62.95.

According to TipRanks.com, Newsome is a 5-star analyst with an average return of 10.4% and a 76.9% success rate. Newsome covers the Financial sector, focusing on stocks such as American International Group, Marsh & Mclennan Companies, and Cincinnati Financial Corp.

Currently, the analyst consensus on Selective Insurance Group is a Hold with an average price target of $59.50, a -5.3% downside from current levels. In a report released today, Boenning & Scattergood also maintained a Hold rating on the stock.

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Southern First Bancshares (SFST)

Sandler O’Neill analyst Casey Whitman reiterated a Hold rating on Southern First Bancshares today and set a price target of $48. The company’s shares opened today at $44.55.

According to TipRanks.com, Whitman is a 3-star analyst with an average return of 6.7% and a 65.7% success rate. Whitman covers the Financial sector, focusing on stocks such as Union First Market Bankshares Corp, Orrstown Financial Services Inc, and Community Bankers Trust Corp.

The word on The Street in general, suggests a Hold analyst consensus rating for Southern First Bancshares with a $48 average price target.

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