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Selective Insurance Group (SIGI) Receives a Buy from Oppenheimer

Tipranks - Fri May 22, 7:56AM CDT

Oppenheimer analyst maintained a Buy rating on Selective Insurance Group today and set a price target of $105.00.

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In a report released on May 7, BMO Capital also upgraded the stock to a Buy with a $97.00 price target.

Based on Selective Insurance Group’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $1.35 billion and a net profit of $97.7 million. In comparison, last year the company earned a revenue of $1.29 billion and had a net profit of $109.9 million

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