Kemper down after William Blair downgrades stock to 'underperform'

Kemper

18/12/2025 13:41

** Shares of U.S. insurance provider Kemper Corp KMPR.N fall 3% to $39.92 premarket

** William Blair downgrades stock to "underperform" from "marketperform"

** Brokerage says co faces dual threat of overexposure to a worsening California market and big competitors coming down into the non-standard segment

**  Says KMPR to face greater downside risk if it continues to face significant adverse development in its commercial auto business

**  Three of 6 brokerages rate stock "buy" or higher, 2 "hold" and 1 "sell" or lower; median PT is $110 - data compiled by LSEG

** As of last close, stock down 38% YTD

 (Reporting by Koyena Das in Bengaluru)

 ((Koyena.das@thomsonreuters.com))