Goldman Sachs lowered the firm’s price target on Fidelis Insurance (FIHL) to $17.50 from $18 and keeps a Sell rating on the shares. The firm has modestly increased assumptions for favorable Reinsurance in 2026 and in 2027 while noting that Fidelis has likely built a solid short-tail reserve position in Reinsurance during a the second half period with limited catastrophe losses, the analyst tells investors in a research note.
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Read More on FIHL:
- Fidelis Insurance price target raised to $18 from $17 at Goldman Sachs
- Fidelis Insurance price target raised to $21 from $20 at Evercore ISI
- Fidelis Insurance downgraded to Underweight from Neutral at JPMorgan
- Fidelis Insurance price target raised to $24 from $23 at Keefe Bruyette
- Fidelis Insurance price target raised to $17 from $16.50 at Goldman Sachs