Jefferies analyst Andrew Andersen expects Kinsale Capital (KNSL) shares to be down today after the company reported 2% GPW growth in Q4, which missed the Street estimate 7% and was the lowest since the company came public in 2016. In addition to the growth miss, the firm points out notes of rising competition and keeps a Hold rating and $433 price target on the shares.
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Read More on KNSL:
- Kinsale’s results suggest slowdown in market growth, says Cantor Fitzgerald
- Kinsale Capital reports Q4 operating EPS $5.81, consensus $5.31
- KNSL Earnings this Week: How Will it Perform?
- Kinsale Capital announces board change and governance consolidation
- Kinsale Capital initiated with an Overweight at Wells Fargo
