# Selective Insurance Group, Inc. – Consensus ‘hold’ rating and -1.1% Downside Potential

- Link: https://www.directorstalkinterviews.com/selective-insurance-group-inc.consensus-hold-rating-and-1.1-downside-potential/4121130958
- Published: 2023-10-26T14:21:25+01:00
- Author: Charlotte Edwards

**Selective Insurance Group, Inc.** with ticker code (SIGI) have now 6 market analysts
covering the stock. The analyst consensus now points to a rating of ‘hold’. The 
target price High/Low ranges between 108 and 93 with the average target price sitting
at $102.83. Now with the previous closing price of $103.96 this now indicates there
is a potential downside of -1.1%. The 50 day MA is $102.16 and the 200 moving average
now moves to $98.91. The market cap for the company is 6.34B. The stock price for
the company is currently 104.6 USD

 The potential market cap would be $6,266,435,606 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 23.51, revenue per share of 64.27
and a 2.19% 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.

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