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KINGSTONE COS INC (KINS) [hlAlert]

Rating:
Buy KINS
down 0.11 %

KINGSTONE COS INC (KINS) rated Buy with price target $10 by Compass Point

Posted on: Friday,  Nov 14, 2014  1:25 PM ET by Compass Point

Compass Point rated Buy KINGSTONE COS INC (NASDAQ: KINS) on 11/14/2014, when the stock price was $8.50. Since
then, KINGSTONE COS INC has lost 0.12% as of 08/27/2015's recent price of $8.49.
If you would have followed this Compass Point's recommendation on KINS, you would have lost 0.11% of your investment in 286 days.

Kingstone Companies, Inc., formerly DCAP Group, Inc., is engaged in the ownership of an insurance company. The Company focuses on automobile, motorcycle and homeowners insurance and its customer base is primarily individuals rather than businesses. There are three Atlantic Insurance locations in eastern Pennsylvania. All of the Barry Scott, Atlantic Insurance and Accurate Agency locations are wholly owned by the Company. On February 1, 2008, its wholly owned subsidiary, Payments Inc., sold its outstanding premium finance loan portfolio. In April 2009, the Company announced that its 16-location New York State brokerage business, operating as Barry Scott Agency and DCAP Accurate Agency, has been sold to NII BSA LLC of Montvale, New Jersey. On April 17, 2009, it sold its store locations in New York State. Remaining to be sold are the Company?s three Pennsylvania retail locations. On May 7, 2009, the Company announced that it has sold its franchise business.

Compass Point is a financial services firm comprised of specialized professionals in the areas of research, sales, trading and investment banking. We seek to be our client's advisor of choice.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/14/2014 1:25 PM Buy
None
8.50 10.00
as of 8/27/2015
1 Week up  11.12 %
1 Month up  11.41 %
3 Months up  14.42 %
1 YTD down  -0.11 %

(*) Stock Price at the time of the recommendation.
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