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Analysts Offer Insights on Financial Companies: Blackstone Group (BX) and Selective Insurance Group (SIGI)

Tipranks - Tue Apr 7, 11:46AM CDT

Analysts have been eager to weigh in on the Financial sector with new ratings on Blackstone Group (BX) and Selective Insurance Group (SIGI).

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Blackstone Group (BX)

Bank of America Securities analyst Craig Siegenthaler maintained a Buy rating on Blackstone Group on April 2 and set a price target of $137.00. The company’s shares closed last Monday at $112.27.

According to TipRanks.com, Siegenthaler is a 5-star analyst with an average return of 14.1% and a 56.4% success rate. Siegenthaler covers the Financial sector, focusing on stocks such as Figure Technology Solutions, Inc. Class A, Intercontinental Exchange, and Victory Capital Holdings. ;'>

Currently, the analyst consensus on Blackstone Group is a Moderate Buy with an average price target of $153.82, which is a 36.7% upside from current levels. In a report issued on March 24, BMO Capital also maintained a Buy rating on the stock with a $126.00 price target.

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Selective Insurance Group (SIGI)

In a report released today, Bob Huang from Morgan Stanley maintained a Sell rating on Selective Insurance Group, with a price target of $72.00. The company’s shares closed last Monday at $77.42.

According to TipRanks.com, Huang is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -6.7% and a 41.1% success rate. Huang covers the Financial sector, focusing on stocks such as Neptune Insurance Holdings, Inc. Class A, Hamilton Insurance Group, Ltd. Class B, and Bowhead Specialty Holdings Inc. ;'>

Currently, the analyst consensus on Selective Insurance Group is a Hold with an average price target of $83.50.

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