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Do Analysts Agree Wednesday on Kingstone Companies Inc (KINS) Stock's Target Price?

Wednesday, October 11, 2023 10:27 AM | InvestorsObserver Analysts

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Do Analysts Agree Wednesday on Kingstone Companies Inc (KINS) Stock's Target Price?

Wall Street is positive on Kingstone Companies Inc (KINS). On average, analysts give KINS a Hold rating. The average price target is $1.2, which means analysts expect the stock to decline by -31.03% over the next twelve months. That average ranking earns KINS an Analyst Rating of 5, which is better than 5% of stocks based on data compiled by InvestorsObserver.

Overall Score - 3
Wall Street analysts are rating KINS a Hold today. Find out what this means to you and get the rest of the rankings on KINS!

Why are Analyst Ratings Important?

You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers. InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.

What's Happening With Kingstone Companies Inc Stock Today?

Kingstone Companies Inc (KINS) stock is trading at $1.74 as of 9:30 AM on Wednesday, Oct 11, a rise of $0.05, or 2.96% from the previous closing price of $1.69. The stock has traded between $1.74 and $1.74 so far today. Volume today is low. So far 2,067 shares have traded compared to average volume of 19,891 shares. Click Here to get the full Stock Report for Kingstone Companies Inc stock.

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