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A statement released earlier today by RBC Capital Markets about Kinsale Capital Group (NASDAQ:KNSL) bumps the target price to $23.00

Kinsale Capital Group (NASDAQ:KNSL) had its price target bumped up to $23 by RBC Capital Markets in an issued report issued 8/22/2016. The updated target price indicates a possible upside of 0.15% based on the bussiness’ previous closing price.

Having a price of $19.94, Kinsale Capital Group (NASDAQ:KNSL) traded 3.22% lower on the day. With the last stock close up 0.62% relative to the 200-day moving average, compared with the S&P 500 which has decreased -0.01% over the same period. Kinsale Capital Group has registered a 50-day moving average of $19.69 and two hundred day average of $19.69. Trading volume was was up over the average, with 441,423 shares of KNSL changing hands over the typical 91,479 shares.

See Graphic Below:

Kinsale Capital Group (NASDAQ:KNSL)

Kinsale Capital Group has a 52 week low of $18.00 and a one-year high of $21.30 with a price-earnings ratio of 14 and has a market capitalization of $0.0.

More About Kinsale Capital Group (NASDAQ:KNSL)

Kinsale Capital Group, Inc. is a specialty insurance company. The Company focuses on the excess and surplus lines (E&S) market in the United States. The Company operates through the Excess and Surplus Lines Insurance segment. The Company markets and sells these insurance products in approximately 50 states and the District of Columbia through a network of independent insurance brokers. The Company’s commercial lines offerings include construction, small business, professional liability, excess casualty, energy, general casualty, life sciences, allied health, product liability, healthcare, commercial property, management liability, inland marine, environmental, public entity and commercial insurance. The Company also writes homeowners insurance in the personal lines market. The Construction division underwrites commercial general liability coverage on small contractors focusing on new residential construction, residential remodeling and renovation, and and commercial construction.

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