Keefe Bruyette lowered the firm’s price target on Selective Insurance (SIGI) to $82 from $84 and keeps a Market Perform rating on the shares. The firm reduced estimates post the Q3 report to reflect slower premium and net interest income growth, and higher core loss ratios.
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Read More on SIGI:
- Selective Insurance Reports Strong Q3 2025 Results
- Cautious Outlook: Sell Rating for Selective Insurance Group Amidst Underperformance in Key Segments
- Selective Insurance Announces $200M Share Buyback Program
- Selective Insurance reports Q3 adjusted operating EPS $1.75, consensus $1.99
- Selective Insurance authorizes up to $200M share buyback