RBC Capital lowered the firm’s price target on Kinsale Capital (KNSL) to $475 from $480 and keeps a Sector Perform rating on the shares. Kinsale continues to generate combined ratios that are industry-leading with its low expense ratio again playing a major role, the analyst tells investors in a research note.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KNSL:
- Kinsale Capital upgraded to Outperform from Peer Perform at Wolfe Research
- Kinsale Capital board authorizes repurchase of up to $100M of common stock
- Kinsale Capital reports Q3 adjusted EPS $4.20, consensus $3.60
- KNSL Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Kinsale Capital price target lowered to $420 from $426 at JPMorgan