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KNSL — Kinsale Capital News Story

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FinancialsBalancedLarge CapNeutral

BMO cuts Kinsale Capital PT on softer underwriting, investment income

** BMO cuts PT on insurer Kinsale Capital Group to $418 from $466

** New PT is still at 11.7% upside to stock's last close

** Brokerage cites lower growth driving lower underwriting income and net investment income

** "KNSL is producing best-in-class combined ratios and ROEs with relatively low EPS volatility to boot, but we estimate shares will continue to be range-bound in a decelerating growth environment," brokerage says

** Four of 13 analysts rate stock "strong buy" or "buy" and  nine "hold"; their median PT is $444.50 - data compiled by LSEG

** Including session's move, KNSL down 4.4% YTD

 (Reporting by Pragyan Kalita in Bengaluru)

 ((Pragyan.Kalita@thomsonreuters.com;))

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