Selective Insurance Group (NASDAQ:SIGI) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: November 29, 2016
Zacks Investment Research has upgraded Selective Insurance Group (NASDAQ:SIGI) to Hold in a statement released on 11/29/2016.
On Friday October 30, 2015, RBC Capital Markets released a statement about Selective Insurance Group (NASDAQ:SIGI) upped the target price from $34.00 to $40.00 that suggested an upside of 0.07%.
Having a price of $41.90, Selective Insurance Group (NASDAQ:SIGI) traded -0.83% lower on the day. With the last stock price up 8.40% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.03% over the same period. SIGI has recorded a 50-day average of $39.14 and a two hundred day average of $38.65. Trade Volume was down over the average, with 126 shares of SIGI changing hands under the typical 231,512
Recent Performance Chart
Selective Insurance Group has PE ratio of 14.97 with a one year low of $29.27 and a one year high of $42.55 and has a market capitalization of $0.
A total of 3 brokerages have issued a ratings update on Selective Insurance Group. zero brokerages rating the company a strong buy, one brokerage rating the company a buy, two brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $38.17.
General Company Details For Selective Insurance Group (NASDAQ:SIGI)
Selective Insurance Group, Inc. is a holding company with insurance subsidiaries. The Company operates its business through four segments: Standard Commercial Lines, Standard Personal Lines, E&S Lines and Investments. Its Standard Commercial Lines segment consists of insurance products and services provided in the standard marketplace to its commercial customers, including businesses and local government agencies. Its Standard Personal Lines segment consists of insurance products and services, including flood insurance coverage that it writes through the National Flood Insurance Program, provided to individuals acquiring coverage in the standard marketplace. Its excess and surplus (E&S) Lines segment consists of insurance products and services provided to customers who have not obtained coverage in the standard marketplace. Its investment segment invests insurance premiums, as well as amounts generated through its capital management strategies.
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