# Selective Insurance Group, Inc. – Consensus ‘hold’ rating and -1.2% Downside Potential

- Link: https://www.directorstalkinterviews.com/selective-insurance-group-inc.consensus-hold-rating-and-1.2-downside-potential/4121131748
- Published: 2023-11-01T14:43:17+00:00
- 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 
range between the high target price and low target price is between $108.00 and 
$93.00 and has a mean target at $102.83. Given that the stocks previous close was
at $104.11 this is indicating there is a potential downside of -1.2%. It’s also 
worth noting that there is a 50 day moving average of $102.39 and the 200 moving
average now moves to $99.12. The company has a market capitalization of 6.32B. The
stock price is currently at: $104.40 USD

 The potential market cap would be $6,245,443,056 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 23.46, 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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