Analyst Downgrades – Selective Insurance Group (NASDAQ:SIGI) Stock Gets Downgraded By Royal Bank Of Canada from Outperform to Sector Perform

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Analyst Downgrades – Selective Insurance Group (NASDAQ:SIGI) Stock Gets Downgraded By Royal Bank Of Canada from Outperform to Sector Perform insurance

Today, Selective Insurance Group (NASDAQ:SIGI) stock was downgraded by Royal Bank Of Canada from Outperform to Sector Perform with a price target of $41.00.

There are 3 hold ratings on the stock.

The current consensus rating on Selective Insurance Group (NASDAQ:SIGI) is Hold (Score: 2.00) with a consensus target price of $41.00 per share, a potential 3.64% downside.

Selective Insurance Group (NASDAQ:SIGI) pays an annual dividend of $0.64 with a yield of 1.50%.

Recent Insider Trading Activity For Selective Insurance Group (NASDAQ:SIGI)Selective Insurance Group (NASDAQ:SIGI) has insider ownership of 3.00% and institutional ownership of 77.80%.

About 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.

Recent Trading Activity for Selective Insurance Group (NASDAQ:SIGI)Shares of Selective Insurance Group closed the previous trading session at 42.55 up +1.00 2.41% with 356,438 shares trading hands.