Analysts Are Bullish on Top Financial Stocks: Provident Financial Services (PFS), Kinsale Capital Group (KNSL)

There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on Provident Financial Services (PFS – Research Report) and Kinsale Capital Group (KNSL – Research Report) with bullish sentiments.

Provident Financial Services (PFS)

In a report issued on October 27, Jon Arfstrom from RBC Capital maintained a Buy rating on Provident Financial Services, with a price target of $18.00. The company’s shares closed last Friday at $14.08, close to its 52-week low of $13.43.

According to TipRanks.com, Arfstrom is a 5-star analyst with an average return of 9.5% and a 43.1% success rate. Arfstrom covers the Financial sector, focusing on stocks such as Zions Bancorporation National Association, Old National Bancorp Capital, and Discover Financial Services.

Currently, the analyst consensus on Provident Financial Services is a Moderate Buy with an average price target of $19.00, which is a 28.6% upside from current levels. In a report issued on October 27, Piper Sandler also assigned a Buy rating to the stock with a $19.00 price target.

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Kinsale Capital Group (KNSL)

RBC Capital analyst Scott Heleniak maintained a Buy rating on Kinsale Capital Group on October 27 and set a price target of $410.00. The company’s shares closed last Friday at $342.87.

According to TipRanks.com, Heleniak is a 3-star analyst with an average return of 4.6% and a 72.0% success rate. Heleniak covers the Financial sector, focusing on stocks such as International General Insurance Holdings, American Equity Investment Life, and American International Group.

Currently, the analyst consensus on Kinsale Capital Group is a Moderate Buy with an average price target of $431.57, a 7.0% upside from current levels. In a report issued on October 16, Truist Financial also maintained a Buy rating on the stock with a $450.00 price target.

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Read More on PFS:

• Provident Financial Services, Inc. Announces Third Quarter Earnings and Declares Quarterly Cash Dividend
• Provident Financial reports Q3 EPS 38c, consensus 38c
• PFS Earnings this Week: How Will it Perform?
• Provident Financial price target lowered to $19 from $22 at RBC Capital
• Provident Financial Services, Inc. Schedules Third Quarter Earnings Conference Call