Selective Insurance Group (SIGI) Receives a Hold from Boenning & Scattergood


Boenning & Scattergood analyst Robert Farnam maintained a Hold rating on Selective Insurance Group (NASDAQ: SIGI) today. The company’s shares closed on Friday at $61.84.

According to TipRanks.com, Farnam is a 1-star analyst with an average return of -3.3% and a 29.0% success rate. Farnam covers the Financial sector, focusing on stocks such as Argo Group International Holdings Ltd, 1347 Property Insurance Holdings Inc, and Hallmark Financial Services.

Selective Insurance Group has an analyst consensus of Hold, with a price target consensus of $60.67.

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Selective Insurance Group’s market cap is currently $3.64B and has a P/E ratio of 23.69. The company has a Price to Book ratio of 2.14.

Based on the recent corporate insider activity of 45 insiders, corporate insider sentiment is neutral on the stock.

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Selective Insurance Group, Inc. is a holding company, which engages in the business of property and casualty insurance services. It operates through the following segments: Standard Commercial Lines, Standard Personal Lines, E&S Lines, and Investments.

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