Kinsale Capital Group, Inc. (KNSL) Sets 52-Week High; Strong Momentum for Holders

March 13, 2018 - By Michael Collier

The stock of Kinsale Capital Group, Inc. (NASDAQ:KNSL) hit a new 52-week high and has $57.90 target or 8.00 % above today’s $53.61 share price. The 7 months bullish chart indicates low risk for the $1.13 billion company. The 1-year high was reported on Mar, 13 by If the $57.90 price target is reached, the company will be worth $90.24M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock increased 1.28% or $0.68 during the last trading session, reaching $53.61. About 47,930 shares traded. Kinsale Capital Group, Inc. (NASDAQ:KNSL) has 0.00% since March 13, 2017 and is . It has underperformed by 16.70% the S&P500.

Kinsale Capital Group, Inc. (NASDAQ:KNSL) Ratings Coverage

Among 3 analysts covering Kinsale Capital Group (NASDAQ:KNSL), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Kinsale Capital Group had 3 analyst reports since August 22, 2016 according to SRatingsIntel. The stock of Kinsale Capital Group, Inc. (NASDAQ:KNSL) earned “Buy” rating by Suntrust Robinson on Monday, August 22. The stock has “Overweight” rating by JP Morgan on Monday, August 22. RBC Capital Markets initiated it with “Outperform” rating and $23 target in Monday, August 22 report.

More notable recent Kinsale Capital Group, Inc. (NASDAQ:KNSL) news were published by: which released: “Ex-Dividend Reminder: Bank of Hawaii, Kinsale Capital Group and SunTrust Banks” on February 23, 2018, also with their article: “Kinsale Capital Group, Inc. Reports 2017 Third Quarter Results” published on November 02, 2017, published: “Kinsale Capital Group Announces Appointment of Greg Share to Board of Directors” on August 29, 2017. More interesting news about Kinsale Capital Group, Inc. (NASDAQ:KNSL) were released by: and their article: “Kinsale Capital Group Promotes Patrick L. Dalton to Lead Kinsale Casualty …” published on March 01, 2018 as well as‘s news article titled: “Kinsale Capital Group, Inc. Reports 2017 Fourth Quarter and Year-End Results” with publication date: February 26, 2018.

Kinsale Capital Group, Inc. provides as a casualty and property insurance products in the United States. The company has market cap of $1.13 billion. The Company’s commercial lines offerings include construction, small business, excess casualty, general casualty, energy, professional liability, life sciences, product liability, allied health, health care, commercial property, management liability, environmental, inland marine, public entity, and commercial insurance, as well as homeowners insurance. It has a 46.22 P/E ratio. The firm markets and sells insurance products through a network of independent insurance brokers.

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