Stock Track | Selective Insurance Plummets 5.81% as Analysts Issue Mixed Ratings

Stock Track

2025/01/30

Selective Insurance Group's stock (SIGI) plummeted 5.81% in Thursday's intraday trading session, following mixed analyst ratings from JMP Securities and KBW.

JMP Securities reiterated a "Hold" rating on SIGI, while KBW maintained a "Buy" rating and set a price target of $116 for the insurance company. The conflicting analyst views may have contributed to the stock's decline.

Despite the sharp sell-off, KBW's Buy rating and $116 price target suggest potential upside for SIGI shares. Investors will likely monitor the company's performance and any further analyst updates for direction.

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The conflicting analyst views may have contributed to the stock's decline.</p>\n\n<p>Despite the sharp sell-off, KBW's Buy rating and $116 price target suggest potential upside for SIGI shares. Investors will likely monitor the company's performance and any further analyst updates for direction.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SIGI","symbol_name":"Selective Insurance Group","start_time":0,"source_url":"","article_id":"1116281345","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1116281345","pubTimestamp":1738247606,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Selective Insurance Group's stock  plummeted 5.81% in Thursday's intraday trading session, following mixed analyst ratings from JMP Securities and KBW.JMP Securities reiterated a \"Hold\" rating on SIGI, while KBW maintained a \"Buy\" rating and set a price target of $116 for the insurance company. 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