Kinsale Capital price target raised to $474 from $429 at BMO Capital

BMO Capital raised the firm’s price target on Kinsale Capital (KNSL) to $474 from $429 and keeps a Market Perform rating on the shares. The firm raised its estimates 2% through 2026 driven by higher net investment income, higher net premiums written with less premiums ceded, a lower/better underlying loss ratio, and higher reserve release levels, the analyst tells investors in a research note.