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Analysts Have Conflicting Sentiments on These Financial Companies: Selective Insurance Group (SIGI), MGIC Investment (MTG) and AFLAC (AFL)

Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Selective Insurance Group (SIGIResearch Report), MGIC Investment (MTGResearch Report) and AFLAC (AFLResearch Report).

Selective Insurance Group (SIGI)

Bank of America Securities analyst Grace Carter reiterated a Sell rating on Selective Insurance Group yesterday and set a price target of $101.00. The company’s shares closed last Wednesday at $104.86.

According to TipRanks.com, Carter is ranked #3412 out of 8695 analysts.

The word on The Street in general, suggests a Hold analyst consensus rating for Selective Insurance Group with a $109.60 average price target.

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MGIC Investment (MTG)

Bank of America Securities analyst Mihir Bhatia reiterated a Buy rating on MGIC Investment yesterday and set a price target of $22.50. The company’s shares closed last Wednesday at $19.84, close to its 52-week high of $20.25.

According to TipRanks.com, Bhatia is a 4-star analyst with an average return of 10.2% and a 67.0% success rate. Bhatia covers the Financial sector, focusing on stocks such as Discover Financial Services, Bread Financial Holdings, and Capital One Financial.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for MGIC Investment with a $20.75 average price target.

AFLAC (AFL)

In a report released yesterday, Joshua Shanker from Bank of America Securities reiterated a Buy rating on AFLAC, with a price target of $92.00. The company’s shares closed last Wednesday at $84.34, close to its 52-week high of $85.75.

According to TipRanks.com, Shanker is a 5-star analyst with an average return of 7.8% and a 61.7% success rate. Shanker covers the Financial sector, focusing on stocks such as American International Group, Marsh & Mclennan Companies, and Corebridge Financial, Inc.

The word on The Street in general, suggests a Hold analyst consensus rating for AFLAC with a $82.91 average price target.

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