Goldman Sachs Raises Fidelis (FIHL) PT to $18 but Warns of Softening P&C Market

Fidelis Insurance Holdings Limited (NYSE:FIHL) is one of the best young stocks to buy and hold for 3 years. On January 7, Goldman Sachs raised the firm’s price target on Fidelis Insurance to $18 from $17 and kept a Sell rating on the shares. The firm expects strong profitability for Americas Insurance in the near term, but warned that the P&C market is now solidly in the softening phase. This transition likely means a drop in pricing and margins due to increased competition.

On the same day, Evercore ISI adjusted its outlook for Fidelis Insurance, raising the price target to $21, up from $20, while maintaining an In Line rating on the shares. In a 2026 sector preview, the firm warned that the Property & Casualty insurance industry faces a tough cyclical backdrop that will make the coming year particularly difficult. However, it noted that this volatility creates a stock picker’s market, where careful investors can still find opportunities in the sector despite broader challenges.

Goldman Sachs Raises Fidelis (FIHL) PT to $18 but Warns of Softening P&C Market

However, JPMorgan downgraded Fidelis Insurance Holdings Limited (NYSE:FIHL) from Neutral to Underweight, even as it raised its price target to $21 from $19. Despite the company’s discount valuation and de-risked exposures, the firm expressed concern over Fidelis Insurance Holdings ‘ high concentration in the property sector.

Fidelis Insurance Holdings Limited (NYSE:FIHL) provides insurance and reinsurance solutions in Bermuda, the Republic of Ireland, and the UK. It operates in two segments: Insurance and Reinsurance.

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Disclosure: None. This article is originally published at Insider Monkey.