Kingstone Companies with ticker code (KINS) now have 2 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 8.5 and 8 with the average target price sitting at 8.25. Given that the stocks previous close was at 6.7 this would indicate that there is a potential upside of 23.1%. The 50 day moving average now sits at 6.47 and the 200 day MA is 5.94. The market cap for the company is $74m. Company Website: http://www.kingstonecompanies.com
Kingstone Companies., through its subsidiary, Kingstone Insurance Company, underwrites property and casualty insurance products in New York. The company offers personal lines insurance productsluding homeowners and dwelling fire multi-peril, cooperative/condominiums, renters, and personal umbrella policies. It also provides commercial liability policies, such as business owner’s policies comprising primarily of small business retail, service, and office risks; artisan’s liability policies for small independent contractors; multi-peril policies for larger and specialized risks, and business owner’s risks; and commercial umbrella policies. The company offers for-hire vehicle physical damage only policies for livery and car service vehicles and taxicabs; and canine legal liability policies, as well as reinsurance products. It sells its products through retail and wholesale agents and brokers. The company was formerly known as DCAP Group. and changed its name to Kingstone Companies. in July 2009. Kingstone Companies. was founded in 1886 and is headquartered in Kingston, New York.