Kinsale Capital price target raised to $555 from $410 at RBC Capital

RBC Capital analyst Scott Heleniak raised the firm’s price target on Kinsale Capital to $555 from $410 and keeps an Outperform rating on the shares. The company produced impressive key metrics to close out 2024, including premium growth of 34%, the analyst tells investors in a research note. Kinsale is also one of few companies generating industry-leading underwriting margins alongside an “impressive” 35% ROE, the firm added.