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.

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.

While we acknowledge the potential of FIHL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

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