
SIGI Stock Forecast & Price Target
SIGI Analyst Ratings
Bulls say
Selective Insurance Gr is expected to continue to see strong performance in its Standard Commercial Lines segment, with potential for further reseve releases in accident years 2024 and 2025. The company has demonstrated underwriting discipline and has put substantial pricing into its commercial auto line, which may lead to improved loss ratios in the future. The company also has a diverse workforce and strong representation on its board of directors.
Bears say
Selective Insurance Gr is facing significant challenges in its commercial lines segment, with adverse loss development in recent years and the need to catch up on increased liability loss trend assumptions. While the company has begun re-pricing and underwriting this portfolio, profitability may take time to improve due to high loss ratios and pressure on reserves. Additionally, the company's valuation may be hindered by these challenges and conservative booking practices. This negative outlook is supported by a downside scenario of $65 per share and a price target of $95 based on 1.5x 2026 BVPS and a slight expansion to current multiples.
This aggregate rating is based on analysts' research of Selective Insurance Group and is not a guaranteed prediction by Public.com or investment advice.
SIGI Analyst Forecast & Price Prediction
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